(2nd LD) Seoul to seek pre-emptive, market-centered corporate restructuring: finance minister – Yonhap News

(ATTN: ADDS more details in paras 6-8) SEOUL, Dec. 8 (Yonhap) — South Korea will engage in constant, pre-emptive, market-centered corporate restructuring going forward, breaking away from government-spearheaded responses to developments that have been the norm in the past, the country’s chief economic policymaker sad Friday. “The government will reshape its corporate restructuring paradigm in…

Crowley Maritime announces restructuring of its business – Splash 247

December 7th, 2017 Donal Scully Americas, Containers, Tankers 0 comments Jacksonville, Florida-based Crowley Maritime on Wednesday announced a big restructuring of its business so it can focus more on government-related business. The international transportation and logistics company will realign its non-liner and logistics business unites into three service lines Crowley Shipping, Crowley Fuels and Crowley…

Woodbridge Group of Companies Receives Court Approval of First Day Motions – Business Wire (press release)

SHERMAN OAKS, Calif.–(BUSINESS WIRE)–Woodbridge Group of Companies, LLC and certain of its affiliates and subsidiaries (together the Company or Woodbridge), announced today that its first day hearing with the United States Bankruptcy Court for the District of Delaware related to its Chapter 11 filing was successful. The Bankruptcy Court issued authorizations on an interim basis…