FREMONT, Calif., Sept. 19, 2017 (GLOBE NEWSWIRE) — Digital Power Corporation (NYSE AMERICAN:DPW) (“Digital Power” or the “Company”), a company seeking to increase revenues through acquisitions and organic growth, announced today that its Board of Directors has approved a corporate restructure in support of its business model as a holding company and the reincorporation of…
Files Voluntary Chapter 11 Petitions in U.S. and Intends to Seek Protection under CCAA in Canada; Operations Outside U.S. and Canada Not Included in Proceedings Toys”R”Us and Babies”R”Us Stores and Web Stores across the World are Open and Continuing to Provide World-Class Experiences for Customers Restructuring Process Expected to Enhance Financial Flexibility for Investments in…
Jane Merrick IAG is restructuring its marketing department to allow for a new brand strategy across the business. As a result, Jane Merrick, general manager of marketing at IAG, has exited the insurance firm after eight years. CMO Brent Smart, who took on the role in February, has put in place the major overhaul of…
BURBANK, Calif., Sept. 18, 2017 /PRNewswire/ — Zetta Jet announced today that on September 15, 2017, Zetta Jet Pte. Ltd and its U.S. subsidiary, Zetta Jet USA, Inc., filed voluntary bankruptcy petitions under Chapter 11 of the U.S. Bankruptcy Code to seek to restructure their debt while continuing normal business operations. The Company said that the…
AGI HoldCo, Inc., a multichannel leading womens footwear brand doing business as Aerosoles, announced that it, along with certain of its subsidiaries have voluntarily filed petitions to reorganize under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. The company will continue to manage its stores and…
UK carrier Monarch Airlines were said to be in the process of a radical overhaul of its business strategy as it held discussions with regulators regarding the annual extension of its tour operators licence. SkyNews claimed that Monarch was in the process of working out sale and restructuring options to its short-haul business with KPMG…
Dive Brief: AGI HoldCo, which does business as Aerosoles, announced on Friday that it has voluntarily filed petitions to reorganize under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware, according to a company press release. The company will close up to 74 retail stores as it reorganizes,…
Veritas is the Latin word for truth, a fact we mention because data management software vendor Veritas has offered The Register a revised explanation for the closure of its Sydney support desk after we received information that told a different story. That document was a workforce plan dated July 2017 and, in another irony for…
Shipping giant A.P. Moller-Maersk is taking the right steps to improve shareholder value, said the company’s former group chief executive. The conglomerate is currently in the midst of separating its transport and logistics businesses from its energy operations an effort that’s been many years in the making, Nils Andersen told CNBC on Friday. Maersk share…
EDISON, N.J., Sept. 15, 2017 /PRNewswire/ — AGI HoldCo, Inc., a multi-channel leading women’s footwear brand doing business as Aerosoles, announced today that it, along with certain of its subsidiaries (collectively, “Aerosoles” or the “Company“), have voluntarily filed petitions to reorganize under chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for…