Stories Tagged: restructuring

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SAS Completes Chapter 11 Bankruptcy Exit and Restructuring

Scandinavian airline SAS has successfully exited Chapter 11 bankruptcy proceedings after more... (4 revisions)

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Jack Dorsey Steps Down from Bluesky Board Amidst Restructuring Efforts

Block, the payments company co-founded by Jack Dorsey, is planning to lay off up to 10% of its... (5 revisions)

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Sri Lanka's Bondholders Approve $12.55 Billion Debt Restructuring

Sri Lanka's bondholders have overwhelmingly approved a debt restructuring plan for US$12.55... (7 revisions)

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Chegg Announces Headcount Reduction and Restructuring, Shares Jump Over 9%

Peloton Interactive Inc shares fell to a record low after CEO Barry McCarthy announced plans to... (7 revisions)

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Chinese EV Startup WM Motor Faces Operational Challenges, US Electric Scooter Company Bird Files for Bankruptcy, and Fisker Files for Chapter 11 Bankruptcy

Chinese electric vehicle (EV) startup WM Motor has filed for a pre-restructuring process, citing... (8 revisions)

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Interscope Capitol Labels Group Announces Promotions and Restructuring: A Look at Lee Trink and the Transformative Paths in Entertainment and Media

Steve Berman and Annie Lee have been elevated to primary positions within the Office of Chairman... (8 revisions)

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Vertical Aerospace Faces £200 Million Lawsuit Amid Cash Crisis

Vertical Aerospace, a UK-based flying taxi company founded by Stephen Fitzpatrick, is currently... (8 revisions)

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How Alibaba's Sponsorship of the Lunar New Year Gala Aims to Revitalize Consumer Engagement

Alibaba Group Holding has announced its sponsorship of the 2025 Spring Festival Gala, one of... (14 revisions)

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Rite Aid's CEO Payout Becomes Point of Contention as the Company Seeks to Exit Bankruptcy

Rite Aid's lenders are demanding a reduction in CEO Jeffrey Stein's proposed $20 million payout... (18 revisions)