Neil A. Augustine to Join Greenhill in New York as Vice Chairman and Co-Head of North American Financing Advisory … – PR Newswire (press release)

Restructuring

Mr. Augustine has more than 28 years of experience advising companies and creditors in restructuring and M&A transactions.  He was most recently Executive Vice Chairman and Co-Head of North American Debt Advisory and Restructuring at Rothschild Inc., where he spent the last 17 years.  His restructuring experience ranges from out-of-court restructurings to in-court insolvencies in…

Claire’s to Implement Balance Sheet Restructuring Supported by Holders of Substantial Majority of Company’s Funded … – PR Newswire (press release)

Restructuring

The Company’s management is confident that, through the restructuring process, Claire’s will cement its position as one of the world’s leading specialty retailers of fashionable jewelry, accessories, and beauty products for young women, teens, “tweens” and kids for many years to come.  Unlike other retailers that have come before it, Claire’s has commenced its restructuring…

Claire’s to Implement Balance Sheet Restructuring Supported by Holders of Substantial Majority of Company’s Funded … – Markets Insider

Restructuring

HOFFMAN ESTATES, Ill., March 19, 2018 /PRNewswire/ — Claire’s Stores, Inc. (“Claire’s” or the “Company”) announced that it is pursuing a financial restructuring in order to eliminate a substantial portion of debt from the Company’s balance sheet and position Claire’s for long-term success pursuant to a chapter 11 reorganization process commenced in the United States Bankruptcy…

Southeastern Grocers Initiates Financial Restructuring with Support of Key Stakeholders – PR Newswire (press release)

Restructuring

Anthony Hucker, President and Chief Executive Officer of SEG, said, “The agreement we announced today is an important step in Southeastern Grocers’ transformation to put our company in the best position to succeed in the extremely competitive retail market in which we do business. With a foundation built on iconic, heritage banners, and with the…