The Financial Times has today reported that Beckton Dickinson (“BD“) – a New Jersey based medical technology company – is set to acquire Bard (a healthcare equipment manufacturer) for USD 24 billion in cash and shares. One of the reasons cited by BD’s chief executive in connection with the […]
Disruptor set to acquire 3rd largest taxi fleet operator
US Congress Passes Financial Institutions Bankruptcy Act 2017 (FIBA) The Global Restructuring Review recently reported that the US Congress passed the FIBA on 5 April with the objective of amending the Bankruptcy Code to provide a framework to address the contingency where a financial institution with assets in excess of USD […]
Swissco Holdings Limited (“Swissco“) was officially placed in judicial management on 21 April 2017. Messrs Angela Ee and Purandar Rao of Ernst & Young – previously the interim judicial managers – have now been appointed as permanent Judicial Managers (“JMs“). Generally, there are one or more of three […]
*Originally published on LinkedIn here. Certain further amendments and changes to the content have been made. At the INSOL 2017 Congress, one of the hot topics was the upcoming legislative amendments to Singapore’s Companies Act, coming into effect this 31 March 2017 videthe Companies (Amendment) Bill 2017 (the […]