This years research shines the light on 208 outstanding restructuring and insolvency advisers around the world who are recognised for their top-tier expertise in insolvency administrations, liquidations, turnaround assignments and refinancing transactions. Global Elite Thought Leaders Amir Agam FTI Consulting, Los Angeles Al Hutchens Alvarez & Marsal, Toronto Doug McIntosh– Alvarez & Marsal, Toronto Greg…
TORONTO, Dec. 22, 2022 /PRNewswire/ — To facilitate the ongoing process to sell its businesses, DCL Corporation (DCL or the Company), a leading manufacturer and reseller of color pigments, announced today that, on December 20, 2022, its United States based subsidiaries have filed voluntary petitions for a court-supervised reorganization under Chapter 11 of the Bankruptcy…
Key points of the restructuring plan: Focus on capital discipline given macroeconomic conditions and industry readiness. Strategic investments on highest value-added projects, namely the validation and commercialization of TuSimple’s leading autonomous trucking technology. Restructuring impacts approximately 350 employees, or 25% of TuSimple’s workforce; 80% of the remaining approximately 1,100 TuSimple employees are in R&D functions.…
Key points of the restructuring plan: Focus on capital discipline given macroeconomic conditions and industry readiness. Strategic investments on highest value-added projects, namely the validation and commercialization of TuSimple’s leading autonomous trucking technology. Restructuring impacts approximately 350 employees, or 25% of TuSimple’s workforce; 80% of the remaining approximately 1,100 TuSimple employees are in R&D functions.…
TORONTO, Dec. 21, 2022 /PRNewswire/ — To facilitate the ongoing process to sell its businesses, DCL Corporation (DCL or the Company), a leading manufacturer and reseller of color pigments, announced today that, on December 20, 2022, its United States based subsidiaries have filed voluntary petitions for a court-supervised reorganization under Chapter 11 of the Bankruptcy…
Receive free Wilkinson Hardware Stores updates Well send you a myFT Daily Digest email rounding up the latest Wilkinson Hardware Stores news every morning. UK retail chain Wilko has appointed a new chief executive with extensive restructuring experience as talks continue over a refinancing to secure its future. The family-owned group said Mark Jackson would…
FinTechDealsInvestment Landmark legal proceedings are underway to try and rescue Manchester FinTech GoodBox from administration. The move could save 4.5 million invested by the public purse and help to secure the future fundraising of thousands of charities. At a hearing at Leeds High Court scheduled for Wednesday, 21st December 2022, NGI Systems, a tech vendor…
1. Introduction In recent years, Environmental, Social and Governance (ESG) considerations have become critical to the success of many companies operating and financial models, given the growing investor interest and stakeholder scrutiny around ESG issues. Over the last decade, a raft of academic studies has drawn a strong link between the adoption of various ESG…
ANZ shareholders approved a restructuring of the bank at a scheme meeting yesterday, which will see the groups banking and non-banking business split into two separate companies. Under the proposal approved at a scheme meeting yesterday, the two businesses will operate under the control of a non-operating holding company. ANZ chair Paul OSullivan said banking…
MY.GAMES, originally founded in Russia, has decided to cease all business operations in the country. The company plans to continue its global expansion and develop new games for global markets. On December 15, MY.GAMES announced that it would now focus solely on international business development. Here are some major changes to the companys business: Since…