On August 31, 2022, Part V of the Cayman Islands Companies Act (the “Companies Act”) was amended to introduce the new role of a court-appointed “Restructuring Officer” and a dedicated “Restructuring ...

This year, many S&P 500 companies announced restructuring programs that involved large-scale employee separations, asset write-offs, facility closures and enterprise-wide cost reduction projects.

In today's rapidly evolving economic landscape, businesses are navigating challenging shifts in the operating environment. From geopolitical tensions and the resultant supply chain disruptions to ...

Professional services firm Deloitte has forecast the number of corporate insolvencies to reach 900 during 2026 as ongoing ...

The Small Business Administration (SBA) announced it will cut about 2,700 jobs, which make up about 43% of its workforce, as part of a restructuring of the agency. The SBA, which was established in ...

VERO BEACH, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Mitesco, Inc. (MITI) (OTC:MITI, “the Company”) today announced it has finalized over $8 million in the restructuring of its debt and senior equity, ...

Acquisition transaction: The acquisition of Allright (Hangzhou) Internet Technology Co. Ltd. ("Allright"), a fast-growing company engaged in the pharmaceutical wholesale business, through an equity ...

FRIEDBERG, Germany--(BUSINESS WIRE)-- Today, voxeljet AG (the “Company”) announced that at today’s general meeting, the resolution proposal to approve the sale of the business of voxeljet AG to ...