Insolvency | Jotup

Seyfarth Expands Capital Markets Capabilities in New York With Addition of Alex Gendzier

Retrieved on:

Dienstag, April 2, 2024

Consulting, Professional Services, Legal, Haverford College, Veteran, Windward School, Team leader, Bankers Trust, PIPES, Trustee, Knowledge, Insolvency, Phi Beta Kappa, Order of the Coif, Dwight School, Investment, Coif, University School, Arnold & Porter

Seyfarth Shaw LLP announced today the strategic enhancement of the firm’s corporate department with the arrival in New York of partner Alex Gendzier , a leading capital markets and restructuring attorney.

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Seyfarth Shaw LLP announced today the strategic enhancement of the firm’s corporate department with the arrival in New York of partner Alex Gendzier , a leading capital markets and restructuring attorney.
“He is a known quantity in corporate debt and equity capital markets space and he has a stellar reputation as one of the leading securities practitioners in New York.
His addition further strengthens our capital markets service offering as well as our new Transactional Restructuring & Insolvency team.”
Gendzier represents companies, investors, alternative asset managers, private equity firms and family offices across the spectrum of capital markets transactions and investments, whether healthy or distressed.
“Alex’s expertise in all major types of capital markets transactions, makes him an ideal fit for Seyfarth’s corporate department and our New York office,” said Steven Meier , Seyfarth’s corporate department chair.

Seyfarth Continues Corporate Expansion With Addition of Restructuring and Bankruptcy Partner in New York

Retrieved on:

Dienstag, Februar 20, 2024

Legal, Professional Services, Acquisition, Seyfarth, Bankruptcy, McDermott Will & Emery, Georgetown University Law Center, Corporation, Insolvency, Trustee, Security (finance)

Seyfarth Shaw LLP announced today that James M. Sullivan , an experienced corporate restructuring and bankruptcy lawyer, has joined the firm as partner in its corporate department and a member of the newly formed Restructuring & Insolvency practice.

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Seyfarth Shaw LLP announced today that James M. Sullivan , an experienced corporate restructuring and bankruptcy lawyer, has joined the firm as partner in its corporate department and a member of the newly formed Restructuring & Insolvency practice.
Sullivan’s arrival further augments the firm’s New York office, which is now nearly as large as Chicago, its largest office.
“We are excited to continue the upward growth trajectory of our New York office and our Corporate department with the arrival of James,” said New York Managing Partner John P. Napoli .
In addition to his bankruptcy and restructuring work, Sullivan has a corporate transactional practice, including counseling borrowers and lenders in acquisition and corporate financing, and he also handles commercial and real estate litigation matters.

PALADIN MANAGEMENT EXPANDS TEAM WITH TADD CRANE

Retrieved on:

Dienstag, März 5, 2024

CFO, LOS, Merrill (company), Tadd, Consultant, State university system, Fordham University, Insolvency, PwC, Financial services

LOS ANGELES and NEW YORK, March 5, 2024 /PRNewswire/ -- Tadd Crane has joined the growing team of experts at Paladin Management, the middle-market advisory firm driving value creation through financial and operational consulting services.

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Crane brings 30 plus years of experience as CEO, CFO, CRO and financial advisor across multiple industries
LOS ANGELES and NEW YORK, March 5, 2024 /PRNewswire/ -- Tadd Crane has joined the growing team of experts at Paladin Management, the middle-market advisory firm driving value creation through financial and operational consulting services.
As Paladin continues to increase its roster of clients with projects requiring advisory services in interim management, crisis management and restructuring, it has further strengthened its team of consultants with the addition of Crane, a respected advisor with a wealth of experience in strategy and planning, business integrations and transactions, working capital management, and project management.
Commenting on the new hire, Paladin founder Scott Avila noted, "Paladin is defined by the quality of our core team and Tadd Crane is everything we look for in a consultant that can generate value for our clients.
Commenting on his move to Paladin, Tadd Crane concluded, "The momentum at Paladin right now is evident so it is the place to be to take on the most challenging consulting projects in the middle market sector.

Association of Insolvency and Restructuring Advisors Announces CDBV Certification Award

Retrieved on:

Montag, Februar 5, 2024

OK, Certification, Unite, Insolvency, Bankruptcy, Trustee, CIRA, Financial adviser

The CDBV program requires the successful completion of an intensive three-part course of study and uniform written examination and demonstration of practical knowledge by case experience and references.

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The CDBV program requires the successful completion of an intensive three-part course of study and uniform written examination and demonstration of practical knowledge by case experience and references.
Having completed the requirements for certification in 2023, AIRA has awarded Ann Marriott Payne of D.R.
Ms. Payne is also a holder of AIRA's Certified Insolvency and Restructuring Advisor (CIRA) certification.
The Association of Insolvency and Restructuring Advisors (AIRA) is a nonprofit professional association serving financial advisors, accountants, crisis managers, business turnaround consultants, lenders, investment bankers, attorneys, trustees, and other individuals involved in the fields of business turnaround, restructuring, bankruptcy, and insolvency.

BYJU’s Term Loan Lenders Initiate Corporate Insolvency Resolution Proceedings Against Think & Learn Pvt Ltd in India

Retrieved on:

Donnerstag, Januar 25, 2024

Professional Services, Business, Legal, Finance, Banking, Accounting, Bank statement, National Company Law Tribunal, Term, Bankruptcy, Sale, Acceleration, Term loan, Insolvency, FY, Security (finance)

The ad hoc group of term loan lenders (the “Ad Hoc Group”) of BYJU’s $1.2 billion term loans (“Term Loans”), announced today that GLAS Trust Company LLC (as administrative agent and collateral agent of the Term Loans) has filed a petition pursuant to section 7 of the Insolvency and Bankruptcy code of India, 2016 to initiate corporate insolvency resolution proceedings against Think & Learn Pvt Ltd (doing business as BYJU’s) (“Think & Learn” or “BYJU’s” or the “Company”) before the Bengaluru Bench of the National Company Law Tribunal (such proceedings being the “BYJU’s CIRP”).

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The ad hoc group of term loan lenders (the “Ad Hoc Group”) of BYJU’s $1.2 billion term loans (“Term Loans”), announced today that GLAS Trust Company LLC (as administrative agent and collateral agent of the Term Loans) has filed a petition pursuant to section 7 of the Insolvency and Bankruptcy code of India, 2016 to initiate corporate insolvency resolution proceedings against Think & Learn Pvt Ltd (doing business as BYJU’s) (“Think & Learn” or “BYJU’s” or the “Company”) before the Bengaluru Bench of the National Company Law Tribunal (such proceedings being the “BYJU’s CIRP”).
In connection with the petition filing, the Ad Hoc Group issued the following statement:
“The myriad issues facing BYJU’s are entirely self-inflicted.
It is our belief now that BYJU’s management has no intention or ability of honoring its obligations under the Term Loans.
That said, we are hopeful that India’s corporate insolvency resolution process will help stabilize Think & Learn and result in implementing a resolution plan that accounts for the interests of all stakeholders.”
View source version on businesswire.com: https://www.businesswire.com/news/home/20240125631287/en/

Seyfarth Launches Transactional Restructuring & Insolvency Practice and Adds to Servicing & Special Servicing Practice With Team Located Across the Country

Retrieved on:

Mittwoch, Januar 24, 2024

Seyfarth Shaw LLP continues the national expansion of its Corporate department – launching a Restructuring & Insolvency practice and growing its Servicing & Special Servicing practice with three prominent partners, Jason DeJonker , Scott Olson and Richard (“Rick”) White .

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Seyfarth Shaw LLP continues the national expansion of its Corporate department – launching a Restructuring & Insolvency practice and growing its Servicing & Special Servicing practice with three prominent partners, Jason DeJonker , Scott Olson and Richard (“Rick”) White .
White, who is in Atlanta, joins the Servicing & Special Servicing practice , which advises clients on issues involving securitization, tax, securities law, defeasance, and loan assumptions and was created last summer.
They all join the firm from Bryan Cave Leighton Paisner LLP where they were partners.
The addition of their team continues the firm’s strategic growth with a dozen lawyers joining the Corporate practice in the past year.

Best IVA Companies in the UK for 2024 Announced by Best-companies.co.uk to Alleviate Financial Strains in the New Year

Retrieved on:

Donnerstag, Dezember 21, 2023

The best IVA companies for 2024 are:

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The best IVA companies for 2024 are:
Abbots Insolvency offers numerous benefits for individuals seeking effective IVA debt help and structured debt solutions.
As a reputable IVA company, CreditFix offers reliable support and sustainable solutions for individuals seeking to overcome debt challenges.
Selecting the best IVA company requires careful consideration of several key factors, such as accreditation, fees, customer service, and more.
IVA companies are financial organisations that specialise in providing Individual Voluntary Arrangements (IVAs) to individuals who are struggling with debt.

CAUT welcomes federal plan to exclude public universities and colleges from bankruptcy and insolvency laws

Retrieved on:

Mittwoch, November 22, 2023

Insolvency, University, Bankruptcy, Government, Student, Legislation, Federation, Democracy, Laurentian University, CAUT, Parliament, Management

OTTAWA, Nov. 22, 2023 (GLOBE NEWSWIRE) -- The Canadian Association of University Teachers (CAUT) welcomes yesterday’s announcement in the Fall Economic Statement that the federal government will amend the Companies’ Creditors Arrangement Act and the Bankruptcy and Insolvency Act to exclude public universities and colleges.

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OTTAWA, Nov. 22, 2023 (GLOBE NEWSWIRE) -- The Canadian Association of University Teachers (CAUT) welcomes yesterday’s announcement in the Fall Economic Statement that the federal government will amend the Companies’ Creditors Arrangement Act and the Bankruptcy and Insolvency Act to exclude public universities and colleges.
“The Liberal government has made good on its promise to close the loophole that allowed the Laurentian University administration to bypass traditional ways that colleges and universities manage financial difficulties,” said CAUT executive director David Robinson.
“Corporate insolvency legislation was never intended to be used by public institutions like universities and colleges,” said Robinson.
“The laws are misaligned with the goals of public universities and colleges to train students, promote democracy, and advance knowledge.

Europe Construction Industry Report 2023: Access to 13 Individual Databooks - Top Cities Data, Emerging Trends, Opportunities, and Investment Risks in 40+ Segments - ResearchAndMarkets.com

Retrieved on:

Freitag, Dezember 1, 2023

It details market size & forecast, top cities construction data, emerging trends, market opportunities, and investment risks in over 40 segments in residential, commercial, industrial, institutional, and infrastructure construction sectors.

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It details market size & forecast, top cities construction data, emerging trends, market opportunities, and investment risks in over 40 segments in residential, commercial, industrial, institutional, and infrastructure construction sectors.
A higher interest environment and soaring construction costs have resulted in the downfall of the construction market in H1 2023.
It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms.
Institutional Construction Outlook: Provides construction outlook by value and volume across manufacturing plant buildings, metal & material processing buildings, chemical & pharmaceutical buildings.

Getzler Henrich & Associates' Charvi Gupta Honored As a "40 Under 40" by the American Bankruptcy Institute

Retrieved on:

Freitag, Dezember 1, 2023

Ms. Gupta joined Getzler Henrich in 2018 and has over ten years of experience across corporate turnarounds, operational and financial restructuring, M&A, and bankruptcy situations.

Key Points:

Ms. Gupta joined Getzler Henrich in 2018 and has over ten years of experience across corporate turnarounds, operational and financial restructuring, M&A, and bankruptcy situations.
She has extensive experience working with companies to address liquidity issues, develop cost reduction plans, implement process improvements, and improve profitability.
Commenting on Ms. Gupta's ABI recognition, Joel I. Getzler, Co-Chairman of Getzler Henrich said, "We are very proud of Charvi.
Her ABI honor is further recognition of her ability and achievements at both Getzler Henrich and within our profession."