The Department of Energy (DOE) welcomed the signing of a debt restructuring agreement between Kaltimex Rural Energy Corp.

The Archdiocese of Detroit announced plans for a two-year restructuring process that will likely lead to the closing of some churches and a major reassignment of priests in southeastern Michigan. In a ...

Petrofac's proposed restructuring plan has collapsed amid the withdrawal of a key multi-year contract, the company said on Thursday. "Petrofac confirms it has received notification from TenneT ...

Oct 17 (Reuters) - Oilfield services provider Petrofac (PFC.L), opens new tab said on Friday its ongoing restructuring would leave existing shareholders with no residual value, as it moves to complete ...

Procter & Gamble plans to cut 7,000 jobs, representing 6.4% of its workforce, over the next two years. P&G is also reviewing its product portfolio and geographic presence, with potential brand ...

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Indivior’s restructuring plan is taking shape with initial headcount reductions to help move toward a more simplified organization. The first phase of the company’s “Indivior Action Agenda,” which ...

Claims by Saipem and Samsung and those of other parties to a botched Thai project involving Petrofac 'will be compromised' under Petrofac's restructuring plan, the Court of Appeal said. Image by ...

Considering the myriad macroeconomic headwinds faced by Europe’s states and businesses, many might expect a spike in formal restructuring activity. Particularly among highly levered debtors. Despite ...

WASHINGTON — The National Academies of Sciences, Engineering, and Medicine today announced a significant restructuring of its program divisions, which perform the bulk of the National Academies’ work ...

Petrofac received approval from the High Court of England and Wales to enforce its financial restructuring plan that would unlock $355 million in new funding. Image by Anastasia Yakovleva via iStock ...