Latest News for: Asset restructuring

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Time to think about debt-counselling sector as part of South Africa’s asset-management industry

Independent online (SA) 20 Jun 2024
While this debt remains with the original lenders, it is still an asset which they want to recover, even when restructured as part of the debt-counselling process ... some of the distressed assets.
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Upexi Provides Shareholders with Update on Restructuring to Reduce Debt and Increase Working Capital through ...

ACCESSWIRE 20 Jun 2024
... ("DTC") brand owner and innovator in aggregation, today is providing shareholders with a update on its restructuring to reduce debt and increase working capital through the sale of assets.
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Sluggish progress in state-owned enterprise equitisation

Vietnam News 19 Jun 2024
The lengthy processes involved in assessing the value of land and other assets, as well as restructuring and handling land-related issues, have led to significant delays in completing the equitisation plans within the targeted timelines.
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Failed direct mail firm sold for just £10,000

The Business Desk 19 Jun 2024
Joint administrators Louise Williams and Paul Mallatratt from Opus Restructuring were appointed shortly after. John Pye and Sons managed the sale of the business and its assets ... Related Articles ... Previous Article. Next Article. .
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The Morning After: The biggest announcements from Nintendo Direct

Engadget 19 Jun 2024
And that happened yesterday, teasing a lot of new games with Nintendo favorites. Mario games, yes ... (More on that below the fold) ... Quick note ... The US-based startup filed for Chapter 11 protections and plans to restructure its debt and sell its assets.
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Youth, competition create excitement within Broncos offense: “We have a team full of hungry dogs”

The Tribune Greeley 19 Jun 2024
Wide receiver Tim Patrick, who restructured the final year of his contract, is hoping to show that he can still be a reliable asset in Denver’s wide receivers room despite having back-to-back ...
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EV maker Fisker files for bankruptcy amid cash burn and production challenges

Invezz 18 Jun 2024
electric vehicle (EV) maker Fisker filed for bankruptcy protection late on Monday, seeking to sell its assets and restructure its debt after facing rapid cash burn while attempting to deliver its ...
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EV startup Fisker flies for bankruptcy, aims to sell assets

Gulf News 18 Jun 2024
electric vehicle (EV) maker Fisker filed for bankruptcy protection late on Monday, looking to sell its assets and restructure its debt, after succumbing to rapid cash burn to deliver its “OceanSUVs in the United States and Europe.
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Bad loan restructuring emerges to be a better option for ARCs

The Times of India 18 Jun 2024
In FY24, asset reconstruction companies saw a shift towards ...
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EV startup Fisker files for bankruptcy, aims to sell assets

CNBC 18 Jun 2024
Electric vehicle maker Fisker filed for bankruptcy protection late on Monday, looking to sell its assets and restructure its debt ... .
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Tesla rival Fisker files for bankruptcy after glitches doomed Ocean SUVs

New York Post 18 Jun 2024
Fisker filed for bankruptcy protection late Monday, as the US electric-vehicle maker looks to salvage its operations by selling assets and restructuring its debt after burning through cash in an attempt to ramp up production of its Ocean SUVs.
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Tesla rival Fisker goes bankrupt as electric car sales slow

The Times/The Sunday Times 18 Jun 2024
Fisker, the much-hyped American manufacturer of electric cars, has filed for bankruptcy protection and is looking to sell its assets and restructure its debt after being hit by rising borrowing costs and slowing demand for battery-powered vehicles ... .
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Tesla rival Fisker files for bankruptcy as EV sales stall

The Times/The Sunday Times 18 Jun 2024
Fisker, the much-hyped American manufacturer of electric cars, has filed for bankruptcy protection and is looking to sell its assets and restructure its debt after being hit by rising borrowing costs and slowing demand for battery-powered vehicles ... .
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Fisker is out of cash, not making cars, and filing for bankruptcy

Ars Technica 18 Jun 2024
(credit. Michael Tullberg/Getty Images). Fisker, the second EV firm started by legendary BMW and Aston Martin designer Henrik Fisker, has filed for bankruptcy and intends to sell its assets and restructure its debt ... Read 6 remaining paragraphs .
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EV company Fisker Automotive files for bankruptcy in U.S.

Driving 18 Jun 2024
Electric-vehicle manufacturer Fisker Automotive has filed for bankruptcy protection in the U.S., with reports that it is trying to sell some of its assets and restructure its debt to stay alive.
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