Page 114 - Restructuring Plan News Today

About Smile Telecoms Holdings Ltd: Founded in 2007, with its head office in England, Smile Telecoms Holdings Ltd is a Pan-African telecommunications group with operations in Nigeria, Tanzania, Uganda and the Democratic Republic of the Congo, and South Africa. The company has one of the largest sub-1 GHz 4G LTE commercial networks in Africa, operating in the “future proof low band, 800 MHz band, and mid-band. Smile was the first to launch VoLTE on its network and continued its innovation, intr...

HONG KONG (Reuters) - Some of Ant Group's global investors have valued the Chinese fintech firm at over US$200bil based on its 2020 performance, said people with knowledge of the matter, offering a more sober estimate after the shelving of its IPO and forced restructuring.

Tuesday, March 16, 2021 Re gategroup Guarantee Limited [2021] EWHC 304 (Ch) ( Re gategroup Guarantee Limited) and provides a view of its effects on the cross-border application of the Restructuring Plan (defined below) and the use of co-obligor structures in restructurings. IN DEPTH The Restructuring Plan The UK restructuring plan was introduced by the Corporate Insolvency and Governance Act 2020 as a new Part 26A of the Companies Act 2006 (the  Restructuring Plan) and is substantia...

“We want to amend the energy and gas law to transpose Directive 944/2019 which will contribute to achieving the objectives of energy – climate change, in line with the European trend. As a ministry, the number one priority is to attract investment and develop projects in low-carbon capacities / technologies that can also contribute to the aforementioned national and European climate change target,” Virgil Popescu, Minister of Energy, told The Diplomat-Bucharest. “Offshore wind ...

The ODP Corporation , a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform and retail locations, today... | January 16, 2021

Tweaking IBC for cross-border cases × The Insolvency and Bankruptcy Code 2016 has been beefed up to suit current needs but issues still remain Overhauling the insolvency and bankruptcy regime, India enacted the Insolvency and Bankruptcy Code 2016 in May 2016. The Code emulates UK’s insolvency laws and is customised for India. While it has been trimmed and strengthened since inception to suit the current needs, a few issues still remain to be addressed. One of them is cross-border insolvency ...

Monday, December 21, 2020 The United Kingdom’s Corporate Insolvency and Governance Act 2020 (CIGA) shifted the focus of the United Kingdom’s insolvency regime from administration and liquidation to rescue and recovery and introduced a number of interesting new features that apply to companies experiencing financial difficulties. This article considers how certain of these features fit into the insolvency regime of the Cape Town Convention.1 Of primary interest, CIGA permits a comp...

Angola: Taag Presents a New Restructuring Plan 19 December 2020 Luanda — Angola Airlines (TAAG) presented on Saturday its Restructuring Plan and path for growth during a webinar with the companys employees. The refurbishing plan was presented by its Executive chairperson, Rui Carreira, who explained the companys Executive Committee programme. He said that the commission intends to place the company as a reference airline in the African regional space, disputing the leadership in its area of i...

Friday, December 18, 2020 The evolution of cross-border restructurings has progressed faster than many expected, as corporate transactions have become increasingly reliant upon international synergies, particularly as they face unprecedented macroeconomic issues. Recent evolutionary themes include contrasting approaches to intercreditor/subordination arrangements (ICAs) and trends in insolvency venue selection. ICA Considerations European Approach Most European deals utilise ICAs to r...

Share: Gross profit of $10.8 million Adjusted EBITDA of $3.3 million Cash of $21.9 million at quarter-end Restructuring activities ongoing and Court order extended until March 19, 2021 MONTREAL, Dec. 15, 2020 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (NASDAQ:DTEA) ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, announces its third quarter results for the period ended October 31, 2020. DAVIDsTEA also announces the appointment of Sarah Segal as Chief Executive Officer (CEO), i...