Taylor had an option for 2017 that was set to be worth $ 27.5 million, but
a restructured deal works out better for both sides.
Not exact matches
Although the
deal on Wednesday avoids a default for now, Prepa is still
working on a long - term
restructuring with its creditors.
The
working group quickly mobilized to
restructure the
deal to a 25 - year amortization schedule.
It would require a major financial investment, corporate
restructuring, and have to
deal with learning how to make movies and how the motion picture industry
works from absolute zero if they were to make their own studio.
The company
worked out
deal with some of its priority bondholders (folks who own almost $ 2 billion of Arch debt) which included a formal
restructuring under the supervision of a bankruptcy court.
Chambers USA describes Andy as «the best tactician and negotiator on the street; if you want a consensual
deal done, he is the best» and «he, more than anyone, is a one phone call hire» for his bankruptcy /
restructuring work.
In addition, Polly has also
worked on commercial real estate debt securitisations, structured finance and
restructuring deals which has given her an in - depth understanding of the issues that can arise out of those transactions.
«His expertise in fields that are of crucial importance to our German clients in particular — such as
dealing with trade unions and
works councils, matters concerning corporate bodies, compliance and crisis management as well as
restructurings — will brilliantly add to our strengths in the field of providing strategic advice to international clients and
dealing with cross-border matters.»
Eversheds fielded a multi-disciplinary team on the
deal, consisting of pensions, corporate and
restructuring partners, who
worked closely with MIRA's financial and tax advisers, PwC.
Mr McKenzie said: «The innovative and complex recapitalisation of Bis Industries was one of the most significant
deals to be completed in the Australian market during the course of 2017 and demonstrates Carey Olsen's expertise in corporate
restructuring work.»
He regularly advises the corporate real estate finance teams of major lenders on transactions and also acts for funds and other investors on real estate lending,
restructuring and
work - out
deals.
In addition to
dealing with layoffs and workforce
restructurings, employers are seeking legal advice on reductions in compensation and
work schedules, pay freezes, job sharing and telecommuting.
London - based derivatives partner Stephen Woods recently
worked on vehicle leasing and loan receivables securitisations, and the
restructuring of RMBS
deals.
We have
worked with the world's leading air carriers and manufacturers on their most complicated matters, including
restructuring, financing, and leasing
deals.