choice to discuss how ‘corporate restructuring’ transformed market, productive and financial performance. Companies quite often have a need to contract and downsize their operations, or redesign one of the aspects, which might be due to different reasons, such as external factors, increase level of competitiveness or to change company’s direction. All the changes that the company might implement are called corporate restructuring. Usually, corporate restructuring is used when a company’s original
Words: 2096 - Pages: 9
Maidenform Restructuring: An Analysis of its Benefits and Negative Effects Introduction Maidenform is an intimate apparel manufacturing company that specializes in women’s undergarments. It recently revealed a massive restructuring plan in order to reduce on its forecasted losses for the first quarter of the year. This essay aims at providing an in depth analysis of the Maidenform restructuring plan with particular attention on the extensive effects of the process. The Restructuring Plan
Words: 1743 - Pages: 7
Restructuring is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs. Other reasons for restructuring include a change of ownership or ownership structure, demerger, or a response to a crisis or major change in the business such as bankruptcy, repositioning, or buyout. Restructuring may also be described as corporate restructuring, debt
Words: 295 - Pages: 2
A STUDY ON THE IMPLICATIONS OF CORPORATE RESTRUCTURING Dr. Bernadette D’silva Director, K.G. Mittal Institute of Management, I.T & Research, Malad (West), Mumbai64, Email: Bernadette.dsilva@gmail.com Mrs. Annie Beena Joseph Associate Professor, K.G. Mittal Institute of Management, I.T & Research, Malad (West), Mumbai-64, Email: annie.b.joseph@gmail.com ABSTRACT Corporate Restructuring has become a major component in the financial and economic environment all over the world. It is the process of
Words: 3423 - Pages: 14
Corporate Debt Restructuring in India Despite of best intentions and efforts, corporate find themselves in financial difficulty because of factors beyond their control or due to internal reasons. The trigger for difficulty might be an unstable macro-economic environment or changes in government policy or regulation or due to an incorrect strategic decision or problems within the company. If a company goes down, it takes an entire ecosystem of creditors, distributors, employees, customers, etc down
Words: 2629 - Pages: 11
象，但在实质上制约了ST上市公司违规操作行为，对于提高会计信息质量起到了巨大的积极作用。 关键词: 债务重组，新准则，ST上市公司，重组利得 Influence of new debt restructuring standard on listed companies specially treated Abstract: Ministry of Finance published the new accounting standard of debt restructuring in 2006. The standard was modified systematically and has been substantively geared to the international standard. The debt restructuring was redefined; accounting treatment was reset; the sound value was put into practice. Thus, it exerts
Words: 888 - Pages: 4
Counseling Psychology Research Paper: The cognitions, presented in the speech of this woman reflect her hear that her family is falling apart and this means a catastrophe for her. Two core cognitions, presented in her speech are: “My family is falling apart” and “I will never get over it if I can’t pull this family together”. There are phrases, which are cognitive distortions in client’s speech. They are: “My daughter never comes to visit me”, “I am totally on my own”, “I will never get over
Words: 1601 - Pages: 7
private company that operates luxury hotel properties. As of December 31, 2010, Resort Co. had $432 million in uncollateralized term loans (the “Original Debt”) outstanding with two lenders, Bank A ($129.6 million) and Bank B ($302.4 million). Note that these are not participating loans. Further, issuance costs associated with the Original Debt in the amount of $3 million remained unamortized as of December 31, 2010 ($900,000 and $2.1 million for the loans held by Bank A and Bank B, respectively)
Words: 1100 - Pages: 5
private company that operates luxury hotel properties. As of December 31, 2010, Resort Co. had $432 million in uncollateralized term loans (the “Original Debt”) outstanding with two lenders, Bank A ($129.6 million) and Bank B ($302.4 million). Note that these are not participating loans. Further, issuance costs associated with the Original Debt in the amount of $3 million remained unamortized as of December 31, 2010 ($900,000 and $2.1 million for the loans held by Bank A and Bank B, respectively)
Words: 1100 - Pages: 5
Does the Restructuring of Resort Co.’s Original Debt represent a troubled debt restructuring? The restructuring of the debt should be accounted for as a troubled debt restructuring based on the following: To determine if troubled debt restructuring applies, both of the following conditions must be present: 1. The company must be experiencing financial difficulty 2. Creditor must grant concessions ASC 470-60-55-8 provides relevant implementation guidance in determining whether or not debtor
Words: 2524 - Pages: 11
