Restructuring of Alibaba to enhance decision-making: CEO – Business Recorder

SHANGHAI/HONG KONG: Alibaba Groups restructuring will allow all its business units to become more agile and enhance faster decision-making and responses to market changes, the tech conglomerates chief executive Daniel Zhang said on Thursday. Alibaba began laying the groundwork for the restructuring over the past few years, he told a conference call, adding in future…

Michael Baumkirchner | Senior Managing Director | FTI – FTI Consulting

Michael Baumkirchner leads the Esoteric Asset-backed Securitization (ABS) offering within FTI Consultings Lender Services practice. Mr. Baumkirchner specializes in providing transaction advisory and backup manager services to clients involved in esoteric ABS transactions. He has 25 years of experience providing financial and business advice to clients involved in corporate restructurings and capital market transactions. His…

Finance and Business reorganization transitions leadership … – Pennsylvania State University

UNIVERSITY PARK, Pa. In support of Penn States efforts to optimize its organizational operating structure, the Universitys Finance and Business unit has undergone a reorganization that will elevate three Finance and Business staff members to increased leadership positions that take advantage of the forthcoming efficiencies to be created by the optimized service teams (OST) initiative.…

The Restructuring of Metalcorp’s €140 Million Bond – Lawyer Monthly Magazine

Metalcorp is a metals and minerals group that operates production and mining facilities across Europe and Africa. Aluminium, metals and concentrates comprise its primary business areas, three primary business areas, with its bulk goods and ferrous metals segment also contributing around 254.8 million in sales in 2021. Company-wide sales revenue for the first half of…

Business Restructuring Review | Vol. 22 No. 1 | January-February … – JD Supra

BUSINESS RESTRUCTURING REVIEWVOL. 22 NO. 1 JANUARYFEBRUARY 20231IN THIS ISSUE1 The Year In Bankruptcy: 20222 Lawyer Spotlight: Genna Ghaul and Nicholas J. Morin9 First Impressions: The Eleventh Circuit Examines 20-Day Administrative Expense Claims and the Subsequent New Value Preference Defense14 Sears Holding: A Case Study in Valuing Collateral in Chapter 1118 Appeal of Unstayed Order…

Invacare Corporation Takes Action to Strengthen Its Financial … – Yahoo Finance

Refinancing action will reduce net debt by approximately 65% Global manufacturing and delivery of products to continue uninterrupted to meet robust customer demand Strong sequential improvement achieved in preliminary 4Q22 financial results Executed strategic actions accelerating a renewed focus on core businesses ELYRIA, Ohio, February 01, 2023–(BUSINESS WIRE)–Invacare Corporation (NYSE: IVC) (“Invacare” or “the company”),…