Clintons Cards staves off collapse threat as court backs restructuring plan involving 38 store closures – Yahoo News Australia

Card chain Clintons is set to close 38 shops in a bid to avoid insolvency, according to reports (Alamy/PA) Clintons Cards appears to be safe from collapse for at least the next 12 months, after an insolvency court approved a restructuring plan that allows the retailer to escape full payment of business rates and rent…

Clintons Cards staves off collapse threat as court backs restructuring plan involving 38 store closures – Yahoo Sport Australia

Card chain Clintons is set to close 38 shops in a bid to avoid insolvency, according to reports (Alamy/PA) Clintons Cards appears to be safe from collapse for at least the next 12 months, after an insolvency court approved a restructuring plan that allows the retailer to escape full payment of business rates and rent…

Mallinckrodt plc Enters into Restructuring Support Agreement with Key Stakeholders on the Terms of a Prepackaged Financial Restructuring Plan – Yahoo Finance

Agreement Supported by a Substantial Majority of Each of its First and Second Lien Debtholders and Opioid Trust Financial Restructuring Plan to Significantly Reduce Debt, Increase Free Cash Flow Generation, Extend Maturity Runway and Better Position Company for Long-Term Success  Intends to Initiate Voluntary Prepackaged Chapter 11 Proceedings to Implement Plan Continuing to Deliver High-Quality Therapies…

Mallinckrodt plc Enters into Restructuring Support Agreement with … – PR Newswire

Agreement Supported by a Substantial Majority of Each of its First and Second Lien Debtholders and Opioid Trust Financial Restructuring Plan to Significantly Reduce Debt, Increase Free Cash Flow Generation, Extend Maturity Runway and Better Position Company for Long-Term Success  Intends to Initiate Voluntary Prepackaged Chapter 11 Proceedings to Implement Plan Continuing to Deliver High-Quality Therapies…

Builder Harmac Homes enters voluntary administration – 7NEWS

Victorian new home builder Harmac Group entered voluntary administration on Tuesday, a development which will pause construction projects across the state for weeks. But as the company makes the difficult decision to restructure, it said its intention remains that current builds will still be completed. Harmac Homes, Harmac Constructions, Harmac Urban Living and Ridge Homes…

Akin Shortlisted for 'Restructuring Team of the Year' at 2023 Legal … – Akin Gump Strauss Hauer & Feld LLP

Akin has been shortlisted by Legal Business in the category Restructuring Team of the Year as part of the publications annual Legal Business Awards. Akins shortlisted submission highlighted the firms lead role in the successful global chapter 11 restructuring of $6 billion in financial indebtedness of Nordic Aviation, the largest lessor of regional aircraft in…

Restructuring domestic debt – Newspaper – DAWN.COM – DAWN.com

Domestic Debt Restructuring (DDR) is necessary and viable. The term debt restructuring includes three possibilities extension of maturities (re-profiling), coupon resets or reduction of the principal. There is no fourth option. Principal haircuts are generally avoided, and they are not necessary. Re-profiling and coupon resets are sufficient to achieve policy goals. Why restructure domestic debt?…

Monde Nissin completes restructure of meat alternative business – Philstar.com

Iris Gonzales – The Philippine Star August 21, 2023 | 12:00am MANILA, Philippines Snack food giant Monde Nissin Corp. has completed the restructuring of its meat alternative business, cautiously optimistic of the growth of this business segment in the coming quarters. The previously announced restructuring of our meat alternative business has been substantially completed and…