Pitfalls of troubled funding: when execution slips (part 1)

The result of complex negotiations, solutions to troubled loans generally require creative problem solving and swift implementation. Since restructuring professionals primarily focus on developing and negotiating deals that address what can be an existential problem for borrowers, parties often do not fully realize that innovative and multifaceted solutions require strategies …

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UEFA drops lawsuits against Super League rebels

UEFA overturned disciplinary measures against dissident Super League clubs Real Madrid, Barcelona and Juventus, after a court in Madrid ruled that European football’s governing body should not sanction rebel clubs. UEFA had opened an investigation against the three clubs but in June it suspended the proceedings after being informed by …

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Refuse COVID-19 vaccines and claim unemployment

SAN DIEGO (KGTV) – With Pfizer’s COVID-19 vaccine fully approved, more private employers are now adding company policies requiring their workers to be fully immunized on specific dates, unless they are have a religious or medical exemption. Some employees will choose to quit their jobs or be made redundant instead …

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Citi fined $ 1 million for breach of exchange data reporting

The Commodity Futures Trading Commission today filed and resolved charges against Citibank, NA and Citigroup Global Markets Limited (collectively, Citi), two provisionally registered swap brokers, for failure to comply with certain requirements of swap brokers in regarding the declaration of information on the legal entity identifier (LEI) to an exchange …

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