Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. Somer G. Anderson is CPA, doctor of accounting, and an accounting and ...

The restructuring will be among the largest in history. In nominal terms the combined debts of the government and PDVSA, the ...

MOSCOW, Dec 26 (Reuters) - Russia's second largest bank ‌VTB maintained its net profit target ‌of 500 billion roubles ($6.4 billion) for 2025 after reporting results for January-November on Friday and ...

SHEL is reinforcing its commitment to Raizen with fresh capital support as the Brazilian biofuels giant undertakes a record debt restructuring.

Jodi Xu Klein is the deputy bureau chief of The Wall Street Journal's Pro Bankruptcy team, overseeing coverage of financial ...

Internet banks will be permitted to conduct certain in-person services — including debt restructuring consultations, ...

James Sprayregen, the bankruptcy attorney who built Kirkland & Ellis' restructuring practice, is joining Paul Weiss as ...

Briefing Summary: The Bermuda purpose trust is an effective and flexible tool which can be useful in a number of different scenarios. Having been widely used in the private wealth context for some ...

Beyond Meat's shares plunged nearly 68% last week. The company is swapping its 2027 debt for $202.5 million debt maturing in 2030, and issuing new shares to bondholders. BYND drew incredible retail ...

JoongAng Ilbo applied for a workout, a corporate restructuring process, to Hana Bank, its main creditor bank, on the 19th. A workout involves improving financial structures through negotiations with ...

Bermuda purpose trusts can be established for specified non-charitable purposes. Notably, a purpose trust does not need to have beneficiaries or hold property. The rule against perpetuities does not ...