Page 28 - Financial Restructuring News Today

Oil has become an attractive alternative fuel because gas prices have soared. But Europe is rapidly replenishing its natural gas stockpiles.Recent revisions to oil demand forecasts aren’t as bullish as they might appear. Don’t get too excited about prices going up just yet. The International Energy Agency, the US Energy Information Administration and the Organization […]

Niranjala Sarojini from the UTP factory in Katunayake, emerged as the winner at the grand finale of ‘The Voice Range’ hosted by the Board of Investment (BOI) with the objective of showcasing singing skills of employees at Free Zones. Sarojini won the first place in the competition organised for Katunayake Export Processing Zone, which was […]

The Inauguration of the state-of-the-art Komori GL440 advanced offset printing machine followed by a tree planting program took place at the State Printing Corporation (SPC), Panaluwa recently.The ceremony was conducted in the presence of the Corporation staff, officials from the Ministry of Education and members of JDC Printing Technologies (Pvt) Ltd., the local agents for […]

Ranked among Top 20 Most Respected Entities Nestlé Lanka was ranked Sri Lanka’s Most Respected Food and Beverage Entity in LMD’s Most Respected Entities issue 2022 released recently. Accordingly, the company was among the Top 20 Most Respected Entities, out of over 100 renowned corporates across different industries. “Staying true to our promise of ‘Good […]

The Central Bank of Sri Lanka (CBSL), with a view to broadening its engagement with key stakeholders of the economy, established the Stakeholder Engagement Committee (SEC) by replacing the Monetary Policy Consultative Committee (MPCC) and the Financial System Stability Consultative Committee (FSSCC) of the CBSL that were in operation previously. The SEC is chaired by […]

Aitken Spence PLC reported a strong performance during the Q1 that ended 30th June 2022. The conglomerate recorded a significant increase on its profit before tax (PBT) of Rs. 7.2 billion compared to a loss of Rs. 467 million a year ago. This is the highest Q1 performance in the Group’s history despite the multiple […]

Restructuring & Insolvency Comparative Guide for the jurisdiction of United States, check out our comparative guides section to compare across multiple countries

Just before going into summer recess Maltese Parliament held the first reading of three Acts which, once adopted, are bound to start changing the Maltese insolvency law landscape.

AGG’s Restructuring Roundup newsletter is a monthly update of legal issues and news affecting or related to commercial litigation and bankruptcy. The newsletter is a curation of...

DIG's members regularly advise investment funds, private and institutional investors, lenders, private equity firms, operators and other interested parties in all aspects of strategic distressed...