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China Evergrande Seeks U.S. Court Approval for $19 Billion Debt Restructuring
China Evergrande Group is seeking a U.S. court’s approval to restructure more than $19 billion in the company’s offshore debts, as the embattled property developer
Hawaiian Electric Is in Talks With Restructuring Firms
The utility is facing mounting litigation alleging it was negligent before and during the Maui wildfires. Source link
Debt restructuring talks at G20 meet hurt by differences, low attendance By Reuters
© Reuters. FILE PHOTO: Workers work near the venue of G20 Finance Ministers and Central Bank Governors meeting at Gandhinagar in Gujarat, India July 13,
Brazil’s Azul launches notes offering as part of broad restructuring plan By Reuters
© Reuters. FILE PHOTO: The logo of Brazil’s airline Azul is seen on the roof of a bus at Viracopos airport in Campinas, Brazil, April
Lazard Fires Top Restructuring Banker Accused of Harassing Employees
Reid Snellenbarger is said to have acted inappropriately at a party he hosted over the weekend. Source link
China to drop demand for development bank debt restructuring losses -source By Reuters
© Reuters. U.S. Treasury Secretary Janet Yellen speaks during a news conference at the Treasury Department in Washington, U.S., April 11, 2023. REUTERS/Elizabeth Frantz By
IMF’s Georgieva says she told China to ‘speed up’ work on debt restructuring By Reuters
© Reuters. FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva attends the China Development Forum 2023, in Beijing, China, March 26, 2023. REUTERS/Jing
US Treasury’s Yellen calls for ‘timely action’ on outstanding debt restructuring cases By Reuters
© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen delivers remarks at the National Association for Business Economics 39th Annual Economic Policy Conference in Washington,
McKinsey Is Shutting Down Its Restructuring Business
Consulting firm McKinsey & Co. is shutting down its corporate-restructuring practice after numerous lawsuits and government investigations concerning the division’s work advising troubled borrowers, people familiar
Netflix to rein in movie output, slash jobs in restructuring push
© Reuters. By Scott Kanowsky Investing.com — Shares in Netflix Inc (NASDAQ:) inched higher in premarket U.S. trading on Friday after Bloomberg News reported that the