Reorganizations & Restructuring. Legal news and articles for April 27 - 30, 2017

Redondo Beach fire union under scrutiny during reorganizationCCSD infighting possibly weighing on district's reorganization effortErickson emerges from bankruptcy as private firmBonanza Creek Energy (BCEI) Completes Prepackaged restructuring and emerged from Chapter 11Erickson Successfully Completes Financial Restructuring and Emerges from Chapter 11Erickson Successfully Completes Financial Restructuring and Emerges from Chapter 11Bonanza Creek Energy Successfully Completes Prepackaged Financial Restructuring; Emerges From Chapter 11 ...Rex Tillerson Plans Major Staff Cuts in State Department RestructuringTillerson Plans Major Staff Cuts In State Department RestructuringGrupo TMM Will Report 2016 Annual Information or Its Form 20-F at Least on May 26, 2017Novato council votes to restructure city staffHow Will the President's Plan to Restructure the Federal ...Cimpress Reports Third Quarter Fiscal Year 2017 Financial ResultsAlready Well Positioned with Millennials, J. Crew's Reorganization Will Be Good For The FutureOutlooks Improve at the World's Top Two Shipyards

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Amarantus Provides Update on Restructuring Efforts and Letter of Intent with SeD Biomedical, Inc.
Yahoo FinanceApril 6, 2017

The LOI came as part of Amarantus' overall restructuring plan initiated in November of 2016. Dominick & Dickerman, a New York-based investment banking and advisory firm founded in 1870, is serving as financial advisor to Amarantus for the restructuring ...more »

Women in Business Q&A: Lisa J. Donahue, Managing Director, AlixPartners
Huffington PostApril 7, 2017

Lisa J. Donahue is an AlixPartners Managing Director and global leader of the firm's Turnaround and Restructuring practice. Lisa specializes in financial and operational reorganizations and transformations—an expertise that led to her being named one ...more »

Reorganizations & Restructuring. News and Stories

Redondo Beach fire union under scrutiny during reorganization
The Daily BreezeApril 30, 2017

Faced with an ongoing criminal investigation against its former president, the union representing Redondo Beach firefighters has brought in national representatives to oversee a special election appointing new board members. The entire board of the ...more »

CCSD infighting possibly weighing on district's reorganization effort
KLAS-TVApril 29, 2017

Consultants hired to oversee the restructuring of the school district have had some scathing comments about the situation. Paul, a consultant, helping with the school district reorganizing effort told 8 News NOW some trustees are playing political ...more »

Erickson emerges from bankruptcy as private firm
Mail TribuneApril 28, 2017

Global aviation firm Erickson Inc., emerged from Chapter 11 court protection Thursday as a privately held firm after satisfying conditions of its reorganization. Erickson's manufacturing, maintenance, research and operational oversight of its S-64 ...more »

Bonanza Creek Energy (BCEI) Completes Prepackaged restructuring and emerged from Chapter 11
StreetInsider.comApril 28, 2017

Bonanza Creek Energy, Inc. (NYSE: BCEI) announced that in accordance with and pursuant to its Plan of Reorganization, which was confirmed by the United States Bankruptcy Court for the District of Delaware on April 7, 2017, the Company has successfully ...more »

Erickson Successfully Completes Financial Restructuring and Emerges from Chapter 11
Yahoo FinanceApril 28, 2017

As provided in the plan of reorganization, the pre-petition first lien debt was satisfied in full and holders of the Company's pre-petition second priority senior secured notes received new common stock in exchange for their claims. The new ownership ...more »

Erickson Successfully Completes Financial Restructuring and Emerges from Chapter 11
GlobeNewswire (press release)April 28, 2017

PORTLAND, Ore., April 28, 2017 (GLOBE NEWSWIRE) -- Erickson Incorporated, a leading global provider of aviation services, announced today it has successfully emerged from Chapter 11 bankruptcy protection. The company satisfied the conditions of its ...more »

Bonanza Creek Energy Successfully Completes Prepackaged Financial Restructuring; Emerges From Chapter 11 ...
NasdaqApril 28, 2017

DENVER, April 28, 2017 (GLOBE NEWSWIRE) -- Bonanza Creek Energy, Inc. (NYSE:BCEI) ("Bonanza Creek" or the "Company") today announced that in accordance with and pursuant to its Plan of Reorganization (the "Plan"), which was confirmed by the ...more »

Rex Tillerson Plans Major Staff Cuts in State Department Restructuring
Daily SignalApril 28, 2017

The staff reduction is part of a larger restructuring plan Tillerson has initiated in order to satisfy President Donald Trump's demand to cut spending across the federal government. A budget outline released in March for fiscal year 2018 asked Congress ...more »

Tillerson Plans Major Staff Cuts In State Department Restructuring
The Daily CallerApril 28, 2017

The State Department is planning to reduce staffing by thousands as Secretary of State Rex Tillerson moves forward with efforts to streamline the agency that conservative critics say has outgrown its core functions. As many as 2,300 foreign and civil ...more »

Grupo TMM Will Report 2016 Annual Information or Its Form 20-F at Least on May 26, 2017
MarketWatchApril 27, 2017

... investment in new businesses; risks associated with the Company's reorganization and restructuring; the ability of the Company to reduce corporate overhead costs; the ability of management to manage growth and successfully compete in new businesses ...more »

Novato council votes to restructure city staff
Marinscope Community NewspapersApril 27, 2017

City Manager Regan Candelario said the reorganization idea came to him after conducting interviews to replace former Assistant City Manager Cathy Capriola. He said at that time the city was confronted with a few other management vacancies and he was ...more »

How Will the President's Plan to Restructure the Federal ...
Heritage.orgApril 27, 2017

President Donald Trump has issued an executive order to implement a reorganization of the executive branch that will eliminate outdated and inefficient ...more »

Cimpress Reports Third Quarter Fiscal Year 2017 Financial Results
What They ThinkApril 27, 2017

These investments include costs that impact our gross margin such as shipping price reductions, expanded design services, and new product introduction. Restructuring charges of $24.8 million related to the reorganization announced on January 25, 2017.more »

Already Well Positioned with Millennials, J. Crew's Reorganization Will Be Good For The Future
ForbesApril 27, 2017

J.Crew announced it would trim its staff by 250 people and restructure its senior team in order to streamline its business. The idea is to be a leaner company with greater focus on the J. Crew and Madewell brands. Chairman and CEO Mickey Drexler said ...more »

Outlooks Improve at the World's Top Two Shipyards
BloombergApril 27, 2017

The world's two biggest shipbuilders reported profit and issued an improved outlook, indicating South Korea's shipyards may finally be emerging from two years of restructuring. Daewoo Shipbuilding & Marine Engineering Co., which averted a payment ...more »

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