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Monday, December 23 2024
Atos Completes Financial Restructuring
Atos said that it completed its financial restructuring, resulting in a more sustainable capital structure and much-needed liquidity for the beleaguered group, WSJ Pro Bankruptcy reported. The French IT company on Thursday said…
Monday, December 23 2024
Indonesian Supreme Court Upholds Sritex Bankruptcy Ruling
Indonesia’s Supreme Court has upheld the bankruptcy ruling on distressed textile company PT Sri Rejeki Isman, according to people familiar with the decision, risking layoffs for tens of thousands of its employees, Bloomberg News…
Monday, December 23 2024
SC Restores Exim Bank of China, Others as Financial Creditors in Reliance Infratel's Insolvency Process
The Supreme Court on Friday restored China Development Bank, Exim Bank of China, Asset Care and Reconstruction Enterprises and others as financial creditors in the insolvency process of Reliance Infratel Ltd, which is now…
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