FTI Consulting | Global news | Restructuring

An overview of FTI Consulting global news:

Australia

Allegro and FTI Consulting take top honours at TMA’s restructuring awards Private equity firm Allegro has been awarded ‘Restructuring Deal of the Year’ at this year’s TMA Australia national conference for its carve-out and resurrection of public sector consultancy Scyne Advisory.
12 September 2024
Australia

How FTI Consulting helped keep Sara Lee on Australian dinner tables Of all the recent business collapses in Australia, none have generated as much public emotion as that of Sara Lee.
02 September 2024
Australia

Insolvencies are rising. What precautions should leaders take? The number of companies entering external administration has hit a ten-year record high last month, illustrating the mounting pressures on businesses.
30 June 2024
Middle East

Petrofac's restructuring team floats proposal to lenders Late last year, Sharjah-headquartered Petrofac launched a major restructuring overhaul to reduce its debt load, with support from advisory firms Moelis & Company and Teneo.
05 March 2024
United Kingdom

Number of distressed companies rises in UK The number of firms entering insolvency and administration processes both saw double-digit growth in the UK last year.
26 February 2024
United Kingdom

Viaplay shareholders approve financial restructuring plan The online sports broadcaster which holds the rights to Scotland’s League Cup and URC Rugby has approved a restructuring plan, with new joint-majority owners.
12 January 2024
Europe

Viaplay lenders working with FTI Consulting on securing finances The lenders of Viaplay, a leading Nordic media and entertainment company, have appointed FTI Consulting as their lead advisor in trying to recover on investments made into a failed streaming expansio
12 January 2024
Latin America

Atento completes restructuring with support from financial advisors Latin America-focused CRM software provider Atento has completed a major financial restructuring process. The process was guided by a consortium of bankers, consultants, and lawyers.
27 November 2023
Australia

FTI Consulting to oversee sale of swimwear brand Seafolly After overcoming a Covid-19-related administration in 2020, iconic Australian swimwear brand Seafolly has been put up for sale by owner L Catterton, with FTI Consulting brought in to oversee the proc
08 May 2023
Australia

FTI holds first creditors meeting for troubled Tribe Breweries The restructuring practice of FTI Consulting has been called in as voluntary administrators of independent brewery Tribe – the second craft market player to run into trouble in as many months.
09 March 2023
Australia

Administrators FTI support Grand Cinemas asset sales to Hoyts Western Australia-owned and operated stalwart Grand Cinemas has sold three of its locations to national chain Hoyts after running into financial trouble due to Covid-19.
15 January 2023
Canada

FTI Consulting hires Martin Franco, launches restructuring practice in Quebec FTI Consulting has launched a corporate finance and restructuring segment in Quebec with the hiring of Martin Franco as a senior managing director in its Montreal office.
22 November 2022
United Kingdom

FTI oversees sale process of Cayman Islands resort Consultants from FTI Consulting have been appointed receivers of a hotel formerly known as the Margaritaville Beach Resort Grand Cayman.
01 July 2022
Italy

FTI launches Corporate Finance & Restructuring practice in Italy Global consulting firm FTI Consulting has expanded its offerings in Italy with corporate finance and restructuring services.
17 June 2022
China

Strategies for dealing with distressed debt in China’s real estate sector Rapid urbanisation is fuelling substantial demand for residential property in China.
31 March 2022
Maldives

Consultants advise on restructuring of Trans Maldivian Airways Trans Maldivian Airways (TMA) has a new set of creditors: private equity giant Carlyle Group and New York hedge funds King Street Capital Management and Davidson Kempner Capital Management are on board.
19 July 2021
Asia

FTI Consulting selected to run Simplified Insolvency Programme The government of Singapore has appointed FTI Consulting as one of its preferred restructuring advisers to run the Simplified Insolvency Programme (SIP).
24 February 2021
Middle East

Leading restructuring consulting firms ramping up in Gulf Specialist restructuring consulting firms are currently beefing up their numbers in the Middle East – in anticipation of widespread business struggles brought about by the coronavirus.
17 February 2021
Colombia

Consultants working on Avianca's Chapter 11 restructuring Latin America's second-largest airline, Avianca, is currently undergoing a large restructuring effort, as part of its Chapter 11 bankruptcy and plans to emerge as a smaller and leaner airline.
15 June 2020
Australia

FTI Consulting to administrate collapsed recruiter Rubicor Rubicor Group, one of Australia’s largest staffing and payroll companies, has collapsed. Consultants from FTI Consulting have been appointed as administrators.
12 August 2019
Canada

FTI Consulting adds restructuring expert Tom Powell in Vancouver Management consulting firm FTI has added restructuring expert Tom Powell to their turnaround and restructuring services practice in Vancouver.
10 July 2019
Germany

Leading German restructuring advisory firm joins FTI Consulting Andersch, one of Germany’s leading restructuring advisory firms has joined FTI Consulting, a global US-headquartered consultancy.
01 July 2019
United Kingdom

Debenhams administrator handed legal threat from Sports Direct Earlier in April 2019, the long-suffering high street entity of Debenhams finally collapsed into a pre-pack administration, wiping out equity for shareholders including Sports Direct.
24 April 2019
United Kingdom

FTI to administrate Utilitywise with 1,000 jobs on the line Energy focused professional services firm Utilitywise has collapsed into administration, following allegations of years of mismanagement from a number of staff.
15 February 2019
Brazil

Top consulting firms in Brazil for restructuring and turnaround A new analysis of surveys among clients on track record / engagement satisfaction and management consultants on reputation has identified Brazil’s top consulting firms for restructuring and turnaroun
23 January 2019
Singapore

oBike liquidators FTI Consulting respond to refund complaints in Singapore In an update on the collapse of Singaporean bike-sharing outfit oBike, company liquidators FTI Consulting have said they’ve received more than 3,000 claims for a refund of customer deposits.
18 July 2018
United States

McKinsey faces conflict of interest questions over retirement fund McKinsey & Company is under scrutiny after the Wall Street Journal uncovered evidence that its retirement fund held investments that may have created a conflict of interest in six bankruptcy cases in
22 June 2018
United Kingdom

FTI to advise on restructuring as Claire's files for bankruptcy Teen-targetted US jewelery chain Claire’s has become the latest bricks-and-mortar retailer to file for bankruptcy, with FTI Consulting reportedly advising on restructuring of the group.
03 April 2018
United Kingdom

FTI Consulting buys US based restructuring consultancy CDG Group FTI Consulting has acquired CDG Group, a New York based consultancy specialised in restructuring services.
13 July 2017

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