Page 175 - Restructuring News Today

Dechert hires Weils former head of restructuring and insolvency in London 18 February 2021 Adam Plainer joins as co-head of US firms global financial restructuring group Peter James Sampson; Shutterstock Dechert has hired restructuring lawyer Adam Plainer from Weil Gotshal & Manges to co-chair its global financial restructuring group. Plainer is set to join the firm’s London office, initially as a consultant pending regulatory clearance for partnership. He arrives from Weil, where he was he...

Mexican airline Aeromexico, which is undergoing a Chapter 11 restructuring process, on Tuesday posted a loss in the fourth quarter of last year, taking yet another hit from the coronavirus... | February 20, 2021

BENGALURU/CHENNAI: In an unusual move and in a bid to tackle its high attrition rate, Cognizant has set up a $30-million corpus, dubbed as a retention fund, to hold back top performers and digitally-skilled employees. The corpus is used when such employees receive offers from competitors. Cognizant, sources said, matches the competitor’s offer. The company’s annualised attrition rate in the December quarter was 19%, one of the highest among the large IT companies. While overall attrition m...

The one-time Covid-19 restructuring window, and the micro, small and medium enterprises (MSME) restructuring scheme offered by the Reserve Bank of India (RBI) will limit the reported gross non-performing assets (GNPA), though, the report on NBFC by the ratings agency added.Unli

Read more about Restructuring inevitable for Renault Samsung for survival: CEO Signora on Business Standard. Renault Samsung Chief Executive Dominique Signora made the comments as the company struggles with lower vehicle sales and high labor and manufacturing costs

A company statement said the appellate tribunal has stayed the

6 Min Read MILAN (Reuters) - The deepest crisis in aviation history might seem the worst time to relaunch an airline. But for Alitalia the turmoil could provide just the opportunity to drive through reforms that politicians and unions have refused to accept in the past. FILE PHOTO: The Alitalia headquarters are seen at Fiumicino airport in Rome, Italy, February 5, 2021. REUTERS/Remo Casilli/File Photo Under plans shown to lawmakers, the chronically loss-making Italian airline wants to surrender...

According to a statement by Future Corporate Resources Limited, the restructuring of the home furnishing businesses in the Future Group (with the physical store format of Future Retail and online store format of Future Enterprises being demerger into a new company) had been well known in the public since 2016.Futu

KELLY MEYERHOFER Among the items on Tommy Thompson’s to-do list as interim president of the University of Wisconsin System are managing a pandemic on 26 campuses, dealing with a financial crisis and leading the System through what may be the most challenging budget session in recent memory. Thompson has added another item to his agenda, one that could reshape public higher education in Wisconsin: Exploring the possibility of consolidation between the System’s branch campus...

(2) DJ Commerzbank launches roll-out of Strategy 2024 and plans to complete first important restructuring steps this year Commerzbank Aktiengesellschaft (CZB) Commerzbank launches roll-out of Strategy 2024 and plans to complete first important restructuring steps this year 11-Feb-2021 / 07:03 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------...