Latest News for: Asset restructure

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Gemini and Genesis File Motion to Dismiss SEC Lawsuit

Cryptopolitan 27 May 2023
This legal battle raises fundamental questions about the classification of digital assets and the regulatory framework surrounding them ... Mediated Negotiations and Collaborative Restructuring ... Meanwhile, efforts are underway to recover assets for Earn users, with Gemini and other creditors collaborating on a restructuring plan.
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Bankruptcies May 27, 2023

Messenger-Inquirer 27 May 2023
Chapter 7. Court-appointed trustee sells assets, and the debtor is discharged of debts. Chapter 11. A company is protected from creditors while it restructures its business. Chapter 13 ... B, Hartford ... • Danny L ... .
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2 Marijuana Stocks On Watch Before June

MarijuanaStocks 27 May 2023
Best US Cannabis Stocks For Next Month ... Senator Chuck Schumer stated last week that a committee vote would occur shortly after a preliminary hearing on Thursday ... (OTC ... In February, MedMen continues restructuring efforts, emphasizes results to date, and announces the next stages as a strategic examination of assets in Arizona, Illinois, and Nevada ... ....
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Stefanutti Stocks operating better but still some way to full recovery

Independent online (SA) 26 May 2023
The restructuring plan includes the sale of non-core assets; of underutilised plant and equipment; of certain operations; a favourable outcome from contractual claims and compensation events on certain projects; and the evaluation of the capital structure, including the potential of raising new equity.
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Sichuan Trust Reports Slow Progress in Unwinding Risky Investments

Caixin Online 26 May 2023
In a progress report, the company said Wednesday that it initially designated leading restructuring parties and that ...
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US Bitcoin Corp selected to manage restructured mining division of Celsius Network LLC

Eagle-Tribune 26 May 2023
Upon restructuring, Fahrenheit will serve as the management company of the broader Celsius entity ... Under the proposed restructuring, USBTC will enter into one or more operating and services agreements with the restructured company to become the exclusive operator of all mining assets formerly owned by Celsius.
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Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2024 Financial Results

Longview News-Journal 25 May 2023
Restructuring and other related items include employee severance costs, asset impairment charges, facilities related charges, and other.
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LIONSGATE REPORTS RESULTS FOR FOURTH QUARTER FISCAL 2023

Longview News-Journal 25 May 2023
During the quarter, as part of the previously announced assessment and curation of the Media Networks cost structure and content strategy, the Company recognized an $85.5 million restructuring charge for content impairment in the LIONSGATE+ territories ... ASSETS ... Other current assets ... Total current assets ... Intangible assets ... Other assets ... Total assets.
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HDFC Bank looks attractive amid merger, growth expectations; how much is the upside?

Live Mint 25 May 2023
... mortgage assets, higher cross-selling as customer stickiness improves, and faster growth in liabilities ... Net non-performing assets were at 0.27% of net advances as of March 31, 2023.“Asset quality ratios remain robust, while the restructured book has moderated to 31 bps of loans.
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Yandex receives bids for stakes in Russia-based businesses

Canada Dot Com 25 May 2023
... as it progresses a restructuring process that will see the company spin-off some assets.
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Lenovo Group: Full Year Financial Results 2022/23

Egypt Commercial News 25 May 2023
[1] non-HKFRS measure was adjusted by excluding net fair value changes on financial assets at fair value through profit or loss, amortization of intangible assets resulting from mergers and acquisitions, mergers and acquisitions related charges; restructuring and other charges; and the corresponding income tax effects, if any.
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QualTek to Strengthen Financial Position and Drive Long-Term Growth Through Consensual Financial Restructuring

Maryville Daily Forum 24 May 2023
the ability of QualTek to reach an agreement with its lenders and noteholders on a recapitalization plan for QualTek or the ability of QualTek to enter into a restructuring support agreement with its lenders and noteholders; the effects of any agreement or restructuring support ...
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Priority Technology Holdings, Inc. Has Entered Into Stalking Horse Agreement with Plastiq, Inc.

Maryville Daily Forum 24 May 2023
The existing partnership and potential to acquire the assets of Plastiq through the restructuring process is just one more example of the unique capabilities of Priority and our Passport payments and banking operating engine,” continued Priore.
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NAX Capital Welcomes Former Chairman and CEO of GE Capital as Managing Partner

Longview News-Journal 24 May 2023
Rich Laxer to lead multi-asset investment firm, driving sustainable growth for its partners. LONDON, May 24, 2023 /PRNewswire/ -- NAX Capital, a multi-asset investment firm, today announces the appointment of Rich Laxer as Chairman and Managing Partner ... NAX Capital is a multi-asset investment firm.
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HILCO REAL ESTATE ANNOUNCES NEW TEAM ADDITIONS

Longview News-Journal 24 May 2023
Joining the organization is Jamie Cot� Vice President for the Asset Sales group and Don Groft as Senior Managing Director for the Golf and Resort Advisory group ... Acting as an agent or principal, HRE advises and executes strategies to assist clients in deriving the maximum value from their real estate assets.
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