This year’s meeting of the Financial Institutions Group will be taking place just prior to our Athens Congress at the Hilton Hotel on Thursday 4 October at 5.30pm, co-chaired by Alastair Beveridge and Florian Joseph.
The group has organised another session to share first-hand experience amongst members – Patricia Godfrey (former INSOL Europe President) will present on Carillion – a failed UK services business – and some of the challenges for financial institutions related to dealing with government and quasi government organisations. In addition, we would like to discuss the complications of Schuldschein-Financings in restructuring situations as experienced in the above situations and in general. We expect an interesting debate on this and many associated issues.
If you would like to attend the Financial Institutions Group meeting, please contact Caroline Taylor.
Corporate distress in Europe hits new highs
The latest Weil European Distress Index reveals that corporate distress across Europe is rising faster than expected, with the Retail & Consumer Goods sector now the hardest hit since the 2008 financial…
River Island drafts rescue plan as losses mount
High street fashion brand River Island has hired PwC to advise on a formal restructuring plan as it faces falling sales and tough trading conditions. The high street fashion chain, with around 230 stores…
Volvo to cut 3,000 jobs in global restructuring drive
Despite strong 2024 profits and record sales, Volvo is set to cut around 3,000 jobs globally - 1,200 employee roles and 1,000 consultant contracts in Sweden, as part of an SEK 18 billion (£1.39bn) cost-saving…
Poundland announces major restructuring with store closures and job cuts
Last week Poundland announced a major restructuring which involves extensive store closures and job losses. The budget retailer is embarking on a significant turnaround plan, including the closure of…
INSOL Europe
Quick Links
Site Links
© 2025 - INSOL Europe All Rights Reserved