Accountancy Today

DECEMBER 16, 2021

The corporate finance market is highly active as capital continues to be deployed. Looking ahead, we are well positioned to service the expected increase in restructuring advisory activity driven by this disruption and the withdrawal of Government support in response to the pandemic.”.

Corporate Finance 73

Corporate Finance Restructuring Finance Numbers 73

Corporate Finance Lab

JULY 11, 2023

The long anticipated law of 7 June 2023 implementing the European Directive on restructuring and insolvency brings about a major reform of Belgian insolvency law. The restructuring plan will be submitted to the court for ratification if it is approved by a 50.01% majority (by principal amount) within each class. Yes and no.

Restructuring 48

Restructuring Securities Planning Sales 48

Global Finance

SEPTEMBER 3, 2024

This past summer, three board directors resigned and the remaining directors hired Jeremy Rosenthal, a bankruptcy specialist, as chief restructuring officer. BurgerFi is a popular Floridian burger and pizza chain, which in April defaulted on senior debt owed to TREW Capital Management. Will he pull BurgerFi back from the brink, or not?

Restructuring 119

Restructuring Construction Finance Numbers 119

Accountancy Today

JUNE 11, 2024

Harrogate-based corporate finance and restructuring boutique CorpFin has advised the management team of Johnson Tiles on its MBO. The deal, which precedes a comprehensive restructuring of the business in order to safeguard the future of the respected British brand, was led by Chris Silverwood and Tony Norwood.

Restructuring 52

Restructuring Corporate Finance Manufacturing Finance 52

Corporate Finance

SEPTEMBER 20, 2021

Belize has a "superbond" outstanding, which is a combination of previous bond restructurings. Belize is well-known for its coral reefs and scuba diving, including the Great Blue Hole , which Jacques Cousteau called one the five best dive sites in the world. Now, Belize may help save its coral reefs through bonds.

Restructuring 100

Restructuring Investments 100

Global Finance

JULY 24, 2024

In an internal memo, management recently informed employees that there would be restructuring, with possible layoffs, as Google positions itself for the next wave of innovation in artificial intelligence. “She has a track record of strategic focus on long-term investment to fuel innovation and growth,” he said in a statement.

CFO 105

CFO Restructuring Manufacturing Finance 105

Accountancy Today

JANUARY 17, 2023

Commenting on the figures, Colin Haig, partner and head of Restructuring at Azets, said: “It’s inevitable that failure statistics will uptick regularly in UK but that’s not the whole story. The more constructive options of air cover via a moratorium or a restructuring plan are viable for businesses that consult early.

Restructuring 97

Restructuring Construction Numbers Economics 97

Global Finance

SEPTEMBER 5, 2024

ACT has been watching closely since Daniel Loeb’s Third Point Capital lobbied hard for restructuring and management changes in 2016,” Timothy Connor, CEO of Synnovate, a firm that helps brands grow in the Japanese market, said at the time. ACT made a previous offer for Seven & i in 2020.

Restructuring 111

Restructuring Retail Finance Marketing 111

Global Finance

JUNE 4, 2024

Tibus, a corporate restructuring veteran, has helped a long list of eateries through bankruptcy, including sandwich shop Quiznos in 2014; Ignite Restaurant Group, owner of Joe’s Crab Shack in 2017; Chevy’s parent company, Real Mex Restaurants, in 2018; Kona Grill in 2019; and fast-food joint Krystal in 2020.

Restructuring 105

Restructuring Finance Sales Marketing 105

Accountancy Today

AUGUST 4, 2023

While administrations are still yet to hit pre-Covid levels (940 in the first six months of 2019), an insolvency and restructuring expert has warned that more businesses will fail unless inflation is controlled and interest rates stop being increased. The hospitality, real estate and manufacturing sectors also remained in the top five.

Retail 89

Retail Accounting Restructuring Construction 89

PYMNTS

MAY 1, 2019

But the scheme faced some of its harshest attacks yet at the hands of the Corporate Finance Network, a U.K. Reports in Accountancy Daily on Monday (April 29) said the Corporate Finance Network is calling on U.K. accountancy group specializing in providing advisory services to small and medium-sized businesses (SMBs).

Accounting 59

Accounting Banking Corporate Finance Treasury 59

Musings on Markets

FEBRUARY 12, 2025

I am in the third week of the corporate finance class that I teach at NYU Stern, and my students have been lulled into a false sense of complacency about what's coming, since I have not used a single metric or number in my class yet.

Hurdle Rate 74

Hurdle Rate Accounting Investments Economics 74

Accountancy Today

JULY 25, 2022

Andy Taylor, partner and head of restructuring at Shakespeare Martineau, said: “Administrations were suppressed during Covid due to the introduction of numerous measures, such as the Coronavirus Business Interruption Loan Scheme, the subsequent Recovery Loan Scheme and a general prohibition on many forms of enforcement.

Construction 82

Construction Manufacturing Accounting Retail 82

Accountancy Today

DECEMBER 15, 2023

Andy McGill, Restructuring and Insolvency partner at Azets, said: “UK insolvency levels continue to run at alarming levels, despite the UK technically still not being in recession.

Restructuring 77

Restructuring Numbers Retail Corporate Finance 77

Accountancy Today

NOVEMBER 14, 2023

The lower number of individual insolvencies compared to October 2022 was driven by a 27% decline in the number of IVAs Commenting on the figures, Nicky Fisher, president of R3, the UK’s insolvency and restructuring trade body, said: “Firms have been battling economic issues for three and a half years now, and corporate insolvency numbers are rising (..)

Restructuring 79

Restructuring Numbers Economics Marketing 79

Corporate Finance Lab

MARCH 21, 2023

To explore the Proposal in further detail, the Conference on European Restructuring and Insolvency Law ( CERIL ) organises an international conference on 20 and 21 April 2023 in Leiden (the Netherlands). This year, CERIL celebrates its 5 th anniversary as an independent European think tank.

Restructuring 52

Restructuring Investments Marketing 52

PYMNTS

DECEMBER 29, 2016

There seems to be no shortage of action in the corporate banking space, whether it be scandals (like Royal Bank of Scotland’s Global Restructuring Group fiasco ), cyberattacks (such as the $81 million stolen from the central bank of Bangladesh) or anomalies like Brexit impacting top financial institutions across the globe.

Securities 72

Securities Banking Restructuring Compliance 72

Accountancy Today

JANUARY 16, 2024

Additionally, personal insolvencies decreased by 20.3% month-on-month in December 2023 to a total of 6,584 and decreased by 20.2% compared with December 2022’s figure of 8,254.

Restructuring 52

Restructuring Numbers Banking Corporate Finance 52

CFO News Room

JANUARY 18, 2023

To the extent that accountants mis-categorize expenses like leases and R&D, returns can be skewed, as can restructuring and one-time charges.

Marketing 130

Marketing Hurdle Rate Investments Accounting 130

Accountancy Today

APRIL 18, 2023

The Number of administrations and Company Voluntary Arrangements (CVAs) were also higher than in March 2022.

Restructuring 52

Restructuring Numbers Economics Finance 52

Essentials of Corporate Finance

SEPTEMBER 20, 2021

Belize has a "superbond" outstanding, which is a combination of previous bond restructurings. Belize is well-known for its coral reefs and scuba diving, including the Great Blue Hole , which Jacques Cousteau called one the five best dive sites in the world. Now, Belize may help save its coral reefs through bonds.

Restructuring 40

Restructuring Investments 40

Corporate Finance Lab

NOVEMBER 8, 2023

The debtor-friendly law introduces measures that offer more protection and relief to debtors, making it easier for them to restructure, settle, or even get debt forgiveness. This change increases the risk for creditors, as they may have difficulties recovering debts in case of debtor bankruptcy.

Finance 55

Finance Economics Restructuring Banking 55

PYMNTS

DECEMBER 28, 2016

But perhaps the biggest scandal the bank endured was that of its Global Restructuring Group (GRG). All of this occurred amid industry-wide pain felt in the U.K. following Brexit, which led to stock prices plummeting for RBS, Barclays and Lloyds Banking Group immediately after the referendum.

Restructuring 40

Restructuring Currencies Banking Numbers 40

Musings on Markets

FEBRUARY 27, 2022

To the extent that accountants mis-categorize expenses like leases and R&D, returns can be skewed, as can restructuring and one-time charges.

Hurdle Rate 99

Hurdle Rate Investments Accounting Entertainment 99

PYMNTS

APRIL 14, 2016

Survey respondents attributed France’s spike in optimism to more favorable trade agreements and financial restructuring within their own companies, the research found. Australia-Asia.

CFO 40

CFO Economics Restructuring Finance 40

Global Finance

FEBRUARY 4, 2025

Over 75% of corporations revamp their business model every two to five years, according to a study by WalkMe, a San Franciso-based software-as-a-service firm. Nowhere does change fatigue ring truer than in corporate finance. Companies in the Fortune 500 that underwent significant workforce restructuring in 2023 dished out $32.7

Corporate Finance 100

Corporate Finance Finance Restructuring Management Consulting 100

Corporate Finance Lab

OCTOBER 26, 2023

In my PhD book “Intra-Group Financing and Enterprise Group Insolvency: Problems, Principles and Solutions”, I focus on financial arrangements common for enterprise groups and explore their influence on and treatment in insolvency and restructuring of corporate groups. Take, for example, cross-guarantees.

Finance 85

Finance Restructuring Economics Sales 85

Corporate Finance Lab

FEBRUARY 14, 2022

The overall theme of the academic conference will be: “The Emerging New Landscape of European Restructuring and Insolvency”. The legal development have not stopped with the pandemic, in fact it has set in motion many new developments. Programme and registration details. To conference will be in person in Dublin on 2 and 3 Mach 2022.

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Restructuring 64

Musings on Markets

FEBRUARY 27, 2023

If you have taken a corporate finance class sometime in your past life are probably wondering how this approach reconciles with the Miller-Modigliani theorem, a key component of most corporate finance classes, which posits that there is no optimal debt ratio, and that the debt mix does not affect the value of a business.

Corporate Finance 52

Corporate Finance Finance Marketing Banking 52

Accountancy Today

JUNE 2, 2023

Azets’ team included Heather Williams, Tax partner, based in Southampton, and Tina Harris, director of Tax, and Mike Middleton, Tax partner, both based in Portsmouth, with support from the Solent Corporate Finance team led by Rob Holmes, partner.

Sales 52

Sales Corporate Finance Valuation Restructuring 52

Corporate Finance Lab

JULY 12, 2022

The independent think tank Conference on European Restructuring and Insolvency Law (CERIL) has published its latest Statement and Report 2022-2 on Cross-Border Effects in European Preventive Restructuring. Cross-Border Dimensions of Preventive Restructuring Proceedings. In January 2022, CERIL commenced a new project led by Prof.

Restructuring 70

Restructuring 70

Corporate Finance Lab

AUGUST 19, 2022

Frederik De Leo) The impact of the EU Restructuring Directive on the Belgian collective plan: “To class or not to class?” – that’s the question for the Belgian legislator (Jente Dengler).

Restructuring 87

Restructuring Planning 87

Corporate Finance Lab

MAY 31, 2022

Accordingly, proposals are invited that do more than just outline a topic of interest in respect of any given jurisdiction, but seek to understand, analyze and critique the fundamentals of insolvency and restructuring systems in ways that are relevant across jurisdictions and across fields of academic inquiry.

Restructuring 65

Restructuring Economics Numbers 65

Corporate Finance Lab

DECEMBER 3, 2021

The official deadline for the implementation of the Directive (EU) 2019/1023 on restructuring and insolvency was scheduled for 17 July 2021. Such class formation for the approval of a restructuring plan is unprecedented in Belgian insolvency law and could completely upset the bargaining dynamics between stakeholders in Belgian restructurings.

Restructuring 64

Restructuring Planning Reconciliations Economics 64

Barry Ritholtz

JUNE 20, 2023

He was a corporate finance person. MORGENSON: He was the finance guy. And so, he knew that they were distressed and that they could be restructured and reorganized. MORGENSON: Drexel collapsed. RITHOLTZ: Which arguably he didn’t have anything to do with. That was mostly Milken’s issue. RITHOLTZ: Right.

Healthcare 59

Healthcare Finance Marketing Retail 59