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Clintons Puts Its Cards On The Table: Part 26A Restructuring Plan Sanctioned - Insolvency/Bankruptcy - Vimarsana News

Clintons Puts Its Cards On The Table: Part 26A Restructuring Plan Sanctioned - Insolvency/Bankruptcy

Esquire Retail Limited, trading as the greeting card retailer Clintons ("Clintons"), has successfully completed a financial restructuring implemented by way of a restructuring plan under Part 26A of the Companies Act 2006 (the "Restructuring Plan").

Source: mondaq.com
Global Notes And Trustee Structures – Can A Beneficial Holder Petition To Wind Up An Issuer? - Corporate and Company Law - Vimarsana News

Global Notes And Trustee Structures – Can A Beneficial Holder Petition To Wind Up An Issuer? - Corporate and Company Law

The vast majority of corporate debt issuances are made pursuant to a trustee structure. This approach affords investors the advantage of uniformity of treatment and facilitates collective action...

Source: mondaq.com
Sixth Circuit Does Not Permit Third-Party Releases In Equity Receiverships - Directors and Officers - Vimarsana News

Sixth Circuit Does Not Permit Third-Party Releases In Equity Receiverships - Directors and Officers

The Sixth Circuit's recent decision in Digital Media Solutions v. South Univ. of Ohio, 59 F.4th 772 (6th Cir. 2023) provides a cautionary tale about the limitations of federal equity receiverships as a restructuring tool.

Source: mondaq.com
Houlihan Lokey, Inc. (NYSE:HLI) Sees Large Drop in Short Interest - Vimarsana News

Houlihan Lokey, Inc. (NYSE:HLI) Sees Large Drop in Short Interest

Houlihan Lokey, Inc. (NYSE:HLI – Get Free Report) saw a significant drop in short interest in July. As of July 31st, there was short interest totalling 782,800 shares, a drop of 6.4% from the July 15th total of 836,200 shares. Based on an average daily trading volume, of 489,800 shares, the short-interest ratio is presently […]

Houlihan Lokey, Inc. - Consensus 'hold' rating and 5.6% Upside Potential - Vimarsana News

Houlihan Lokey, Inc. - Consensus 'hold' rating and 5.6% Upside Potential

Houlihan Lokey, Inc. - Consensus 'hold' rating and 5.6% Upside Potential