Warner Bros. Discovery (WBD) reported its first quarterly report since the $43 billion merger as the company battles consolidation challenges. The media conglomerate swung to a $3.42 billion loss in t...
Tag: Restructuring
Ex-Voyager Executives Suggest Live Trading as Restructuring Plan
Shingo Lavine and his father, Adam Lavine, both equity holders in Voyager and developers of Ethos, a leading cryptocurrency technology company, have proposed a restructuring plan to the troubled U.S. ...
Former Voyager executive vies for an alternative restructuring plan
Voyager’s former Chief Innovation Officer Shingo Lavine and his father and business partner Adam Lavine are pushing back on the embattled lender’s restructuring plan and calling for the ba...
Former Voyager Executive Wants Different Restructuring Plan for Embattled Firm
A Former executive of embattled crypto lender Voyager is opposing the current restructuring plan for the company and wants to tow a different line. Shingo Lavine, who was Voyager’s chief innovation of...
CFTC chair advocates for restructuring for better regulations
The US Commodity Futures Commission (CFTC) is set to restructure its operations to achieve proactiveness and become more comprehensive in regulations. The CFTC is the regulatory agency tasked with reg...
China on Alert for Evergrande Restructuring Plan After Shakeup
(Bloomberg) — The clock is ticking for the world’s most indebted developer, whose liquidity woes sparked a broader debt crisis in China’s property industry that’s gone on to engulf more home bui...
Vauld Files for Protection Against Its Creditors, Restructuring in the Pipeline – crypto.news
Vauld has requested a moratorium order against its creditors. The protection will prevent a total freeze of operations and assets liquidation for the firm, while also allowing it to focus fully on its...
7-Eleven cuts 880 jobs as part of restructuring
Peter Parks | AFP | Getty Images Convenience store chain 7-Eleven has cut roughly 880 corporate jobs in the United States, CNBC has learned, roughly a year after it completed its $21 billion acquisiti...
Celsius Begins Restructuring, Receives Approval for Bitcoin Mining Facility
Celsius Network has received approval to construct a new bitcoin mining facility, as its plans to financially restructure the business take off. The company is starting a new journey, which will be cl...
After Declaring Bankruptcy, Celsius Network Discloses Its Restructuring Plan! – Coinpedia – Fintech & Cryptocurreny News Media
On July 13, exactly one month after halting withdrawals and transfers from accounts, cryptocurrency lender Celsius Network filed for bankruptcy. Judge Martin Glenn of the U.S. Bankruptcy Court for the...
Trans-Atlantic Airfares Are High, But Will Drop This Fall
London’s Heathrow airport is one of the busiest in the world and is a popular destination for … [+] travelers from around the globe. While it is expensive to fly here and other places in E...
Rivian stock approaches double-digit gains as firm announces restructuring
With the onset of 2022 and the global issues, it brought with it, electric vehicle (EV) makers were severely punished. Rivian (NASDAQ: RIVN), a once popular stock among analysts, has suffered large d...
Tesla Rival Rivian Makes Big and Deep Changes
Rivian ( (RIVN) – Get Rivian Automotive Inc. Report) is in the process of launching a major restructuring to become more “nimble” to weather a difficult period for the automotive ind...
Celsius (CEL) Dumps Legal Advisors, Hires Kirkland & Ellis LLP for Its Restructuring – crypto.news
Celsius (CEL) has dumped its legal advisors and has engaged the services of Kirkland & Ellis LLP for its restructuring process, according to reports on July 10, 2022. The crypto lender has halted ...
Cornered Crypto Lender Celsius Hires New Restructuring Team
Key Takeaways Celsius has hired Kirkland & Ellis LLP to replace its prior restructuring counsel. Kirkland & Ellis will will advise Celsius on various options, including debt restructuring and ...
Crypto Daily – Daily Crypto And Financial News 11/07/2022, Celsius Working On Restructuring With Hiring Spree
In Todays Headline TV CryptoDaily News: Navigating financial fallout Embattled cryptocurrency lender Celsius Network LLC has hired new lawyers for restructuring advice as it navigates the financial fa...
Celsius Lowers Aave, Compound Debt Amid New Restructuring Plans
Beleaguered crypto lender Celsius continues its strategy to pay off outstanding Aave and Compound loans after it paid off its Maker loan last week. However, the company has now hired Kirkland & El...
Celsius Hires New Lawyers for Restructuring: WSJ
Celsius Network LLC has hired new lawyers to advise the troubled cryptocurrency lender on restructuring, according to a report from the Wall Street Journal (WSJ). The much-needed restructuring plan ha...
Celsius Hires New Legal Firm to Assist On Restructuring
Cryptocurrency lender Celsius is trying to overcome the hypothermia caused by the crypto winter and position itself again as a reliable service on the market, gaining its credibility once again. And t...
Voyager Token (VGX) Falls to New All-Time Low Amid Restructuring Plans
Crypto brokerage Voyager Digital filed for bankruptcy on July 6 and announced its restructuring plans. Voyager Token (VGX) also fell to a new all-time low and shows no signs of a bullish trend reversa...
Voyager Digital CEO Reveals Restructuring Plan, Who Will Be Impacted?
Crypto lender Voyager Digital’s CEO Stephen Ehrlich on Wednesday said the company has commenced a “voluntary financial restructuring” process to protect assets, maximize value for its shareholders and...
Vauld Suspends Withdrawals, Exploring Restructuring amid Market Downturn
Vauld, a crypto lending and exchange firm headquartered in Singapore, announced on Monday that it has suspended withdrawals, trading, and deposits on its platform, citing the current “financial challe...
Vauld hired advisors for potential restructuring and halted client withdrawals
Vauld halted withdrawal, trading, and deposit services. Vauld reported withdrawals amounting to $198 million in the 2nd week of June 2022. Vauld is a crypto trading platform that provides comprehen...
Crypto Lender Vauld Freezes Withdrawals, Eyes Restructuring
(Bloomberg) — Most Read from Bloomberg Vauld, a crypto lender backed by Coinbase Inc., said it froze withdrawals and hired advisers to explore a potential restructuring, joining rivals from Cels...
Babel Finance Hires Restructuring Specialist Houlihan Lokey: Sources
Babel Finance, a Hong Kong Bitcoin financial services company offering lending and asset management services, has hired U.S. investment banking firm Houlihan Lokey, a specialist with wide experience i...
Babel Finance plans to work with restructuring group Houlihan Lokey: CoinDesk
“Babel is looking at restructuring. They’ve hired Houlihan Lokey or are in the process of hiring them. They’re in the process of signing an engagement letter,” one source told CoinDesk. Babel will hav...