Billionaire Wrigley Heir Sued for Cannabis Company Restructuring – Bloomberg Law

The founder of a cannabis business now controlled by William Beau Wrigley has sued affiliates of the chewing-gum heir, saying Wrigley is using a self-dealing corporate restructuring to make fraudulent asset transfers and dodge a court judgment. The lawsuit made public Thursday targets the insolvent marijuana enterprise, Parallelwhich operates the Surterra Wellness retail brandalong with…

FTI Consulting Receives Several Restructuring and … – FTI Consulting

Washington, D.C., Oct. 19, 2023 FTI Consulting, Inc. (NYSE: FCN) announced today that the firm has received multiple industry recognitions across its Corporate Finance & Restructuring and Strategic Communications segments in recent months, demonstrating the firms depth of global expertise and commitment to client service excellence. Accolades include: Global M&A Network: FTI Consulting was recognized…

Hill Dickinson establishes Leeds restructuring practice – Insider Media

(l-r): Lizzy Wood, Craig Scott (Business Group leader), Lemi McAuley, Molly Rowell (Image credit: Hill Dickinson) Law firm Hill Dickinson has established a full restructuring practice at its Leeds office following a double appointment. Lizzy Wood and Molly Rowell have reunited with restructuring partner Lemi McAuley, who joined the firm earlier this year, completing a…

Sara Lee Australia business collapses; receivers appointed – Inside FMCG

Dessert brand Sara Lee has entered voluntary administration, only a year after celebrating 50 years in Australia. Vaughan Strawbridge, Kathryn Evans, and Joseph Hansell of FTI Consulting were appointed as receivers. The appointment aims to seek restructuring and sale of the business while continuing its operations in the country.  While it has not been stated…

Sara Lee desserts business in Australia goes into administration – just-food.com

Sara Lee ice-cream brand in Australia c/o Facebook Two years after McCain Foods sold the Sara Lee business in Australia and New Zealand, the frozen desserts supplier has gone into administration. FTI Consulting was appointed administrator on 17 October, with the process to be overseen by Vaughan Strawbridge, Kathryn Evans and Joseph Hansell. Sara Lee…

J&J MedTech is restructuring its DePuy Synthes orthopedics unit – Mass Device

Johnson & Johnson MedTech is restructuring its DePuy Synthes orthopedic business, executives said today on a quarterly earnings call with investors. J&J (NYSE: JNJ) + CFO Joe Wolk said the two-year restructuring program will take the orthopedics unit out of less profitable markets and product lines to improve the segments profitability after it reported 2.6%…