Since late 2022, there has been a mass adoption of generative artificial intelligence (AI), sparking concern among the masses ...

“Restructurings”, including cancelling debt and changing repayment terms, have already taken place, said James McCormack, managing director and global head of sovereign and supranational ...

To avoid bankruptcy, financially distressed firms often undertake out‐of‐court restructurings, which take the form of exchange offers for firms with public debt outstanding. We examine the choice ...

Ongoing restructurings in the biopharma sector show common themes of cost-cutting, clinical failures and shifting strategic priorities. Companies are increasingly focusing on high-value pipeline ...

Commenting on this, CSC's global restructuring practice managing director, Michelle Dreyer, said: "The acceleration in global restructurings builds on the rise we’ve seen over the past 12-24 months.

Restructurings have all but disappeared since the pandemic. Four countries—Chad, Ethiopia, Ghana and Zambia—have asked for help under the framework.

More than 15,700 employees at 101 biopharma companies have lost their jobs in 2022 as industry leaders struggle to stay afloat in an uncertain and challenging economic environment. Firms have ...

Companies in German-speaking countries are bracing for more restructurings, especially in the automotive, chemical and real estate sectors, because of high interest rates, the Ukraine war, and a ...

Citation Gilson, S. C., J. Kose, and L.H.P. Kang. "Troubled Debt Restructurings: An Empirical Analysis of Private Reorganization of Firms in Default." In Bankruptcy and Distressed Restructurings: ...

China’s high-yield property bonds are likely to continue along a bumpy road, as they turned to losses so far this year after a strong rally, Allianz Global Investors says.

International Monetary Fund strategy chief Ceyla Pazarbasioglu said she will travel to China next week for high-level meetings, part of efforts to press the world's largest sovereign creditor for ...

Cairn Capital, which has been involved in many of the European restructurings that have so far taken place, was appointed financial adviser to the borrower on the Fleet Street Finance 3 transaction in ...