Puerto Rico will carry out a debt restructuring for seventy billion dollars according to the island’s governor Rosselló. The US government has asked to activate the bankruptcy process after the announcement of the main creditors at the beginning of the legal process regarding the cessation of payments. He also requested the US Supervisory Board to […]

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Bankruptcy is something many businesses need to deal with, especially those that are small or just started their operations. It is quite common to see how small businesses have to close their doors after just a few years or even months of being launched to the market. Reality has shown that small companies are the […]

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You know what they say: Whoever does not know history is doomed to repeat it. While it is true that history is not perfectly cyclical, nor, of course, perfectly linear (rather, an intermediate point, let us say, as a perpetual spiral,) to know the problems of the past is vital for systems to evolve. We […]

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During the last decades, restructuring has been the only option for thousands of companies in our country. The reasons are numerous: Maybe it is necessary to take action against high costs, the low efficiency has become a problem, or something has to be done to increase the productivity of the company with few workers. However, […]

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Currently, we see how the global economic climate becomes more and more challenging for most industries. Often countries don’t know what to do to help their industries grow. Businesspeople find themselves in difficult positions where they need to make difficult decisions. And, companies in pretty much any field have to face the cruel reality of […]

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An organizational restructure is the process by which a company undergoes a process of transformation and experiences changes in the way its internal structure is formed. The modifications expected during a company restructuring can involve anything having to do with the way individual departments are formed, but not limited to just that. One can also […]

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Today’s juncture has put companies under thorough economic pressure —plenty of companies undergoing reorganizations, takeovers, mergers, joint ventures and all sorts of restructuring processes are facing the downsides of today’s economic landscape in an attempt to grow and subsequently survive. Suzzanne Uhland has previously reviewed some important aspects companies ought to take into account when […]

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Restructuring is defined by Investopedia as a “type of corporate action taken when significantly modifying the debt, operations or structure of a company as a means of potentially eliminating financial harm and improving the business”. This word is something that can strike fear in the hearts of those involved directly or indirectly with the organization […]

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