Paul, Weiss Adds Leading Restructuring Partner | Business – Olean Times Herald

NEW YORK–(BUSINESS WIRE)–Jun 8, 2020– Paul, Weiss, Rifkind, Wharton & Garrison LLP announced today that Andrew M. Parlen is joining the firm as a partner in the Restructuring Department, resident in the New York office. Mr. Parlen represents public and private companies, ad hoc groups of creditors and investors in a variety of distressed situations,…

PPG Initiates Global Restructuring, Targeting $170 Million in Annual Savings – Business Wire

PITTSBURGH–(BUSINESS WIRE)–PPG (NYSE:PPG) today announced that it has approved significant and broad restructuring actions to reduce its global cost structure. The company cited weakened global economic conditions stemming from the COVID-19 pandemic and related pace of recovery in a few end-use markets, along with further opportunities to optimize supply chain and functional costs. When completed,…

Shuaa strengthens corporate restructuring service | Company Releases – Gulf News

Image Credit: Supplied Dubai: Shuaa Capital has strengthened its specialised corporate restructuring service to support the re-energising of the business sector. Specially created to address the frozen credit markets resulting in liquidity issues and potential insolvency concerns faced by many businesses impacted by Covid-19 the corporate restructuring solutions open doors for businesses to new credit…

G-III Apparel Group, Ltd. Announces Restructuring of Its Retail Segment – Business Wire

NEW YORK–(BUSINESS WIRE)–G-III Apparel Group, Ltd. (NasdaqGS: GIII) today announced the restructuring of its retail operations segment. The restructuring of the retail operations segment includes the closing of 110 Wilsons Leather and 89 G.H. Bass stores. The Company has hired Hilco Global to assist in the liquidation of these stores, which will begin immediately or…