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Jamie Constable, chief executive of restructuring firm RCapital, said retail casualties this year could top those of 2008, when the collapse of Lehman Brothers helped to plunge the world economy into recession.
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At both Western and Burlington he had taken over as chief executive during a period of restructuring.
Rank, the sellers of Hard Rock, want to concentrate on their gambling businesses in Britain.A recipe for success?The chief executive of Yahoo! restructured its senior management and created a new unit that will focus entirely on advertising sales.
Facebook executives were frustrated by the headache of restructuring the deal at the last minute, according to people familiar with the situation.
Gazprom executives say they are in the process of restructuring noncore assets.
Michael Dyment, an aviation consultant at A.T. Kearney, says airline industry executives don't have a good track record of restructuring deeply enough to make real changes.
Eric LeCompte, executive director of Jubilee USA, a religious anti-poverty group and proponent of restructuring Puerto Rico's debt, endorsed the bill while acknowledging it is not "perfect".
BLOOMBERG NEWS Schwarzman Said to Keep His Finances Private | Stephen A. Schwarzman, chief executive of the Blackstone Group, restructured part of his 14.1 percent stake in BankUnited so that he would not have to disclose information about his personal finances to the Federal Reserve, The Wall Street Journal reports, citing unnamed people familiar with the situation.
Last night, Gil Viets, the airline's executive in charge of restructuring, said the bankruptcy filing was inevitable, given the combination of those circumstances, which he said had affected the majority of airlines.
LONDON — Executives in charge of restructuring at Saab claim that there are 20 suitors looking to purchase the struggling General Motors subsidiary, but they aren't naming names.
(Mr. Millstein, a former top executive of Lazard's restructuring business, left Treasury in February).
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