Northeast Bancorp (NASDAQ: NBN), a Maine-based full-service financial services company and parent of Northeast Bank, has said that the bank has received all required regulatory approvals for its previously announced corporate reorganization
under which the company will merge with and into the bank, with the bank continuing as the surviving entity.
Finally, we are pleased to have completed our corporate reorganization
which we believe offers many benefits including the simplification of our corporate structure, financial reporting, and improved comparability to other publicly traded companies."
Meanwhile, the corporate reorganization
that the company had undertaken in 2014 resulted in the acquisition of gaming businesses and sale of non-gaming related assets.
(OTC: HVEL) as part of an overall corporate reorganization
McDonald, a contributing editor at Fortune and The New York Observer, gives McKinsey credit for contributions such as guiding postwar Europe through a massive corporate reorganization
, helping to invent the bar code and revolutionizing business schools.
2013-32 states that private letter rulings (PLRs) will be severely limited for corporate reorganization
by eliminating "comfort" rulings regarding a range of transactions.
San Francisco, Sha'ban 30, 1434, Jul 9, 2013, SPA -- Microsoft is set to announce a major corporate reorganization
to better align the company with a tech landscape dominated by mobile devices and online services, dpa cited the well-regarded technology blog All Things Digital as reporting Tuesday.
Chapters cover the bankruptcy estate, payment of trust fund taxes, bankruptcy court proceedings, discharge of taxes, consequences of cancellation of debt income, partnerships and S corporations, and corporate reorganization
under the bankruptcy code.
Before joining Emerald Creek, he was an attorney at Okin, Hollander, and DeLuca, LLP, a boutique corporate reorganization
firm in New Jersey.
Avron, who practices in the Boca Raton office, practices in the areas of corporate reorganization
, bankruptcy law, creditors' rights, and appellate litigation.
Hitachi Seiki not only licensed its technology for horizontal machining centers and other products to Tongtai but also owned some of its shares--before Hitachi Seiki started a corporate reorganization
in August 2002 that led to its bankruptcy, declared in September 2004.
EFG-Hermes, which expanded into commercial banking when it bough a controlling interest in Credit Libanais in November, said on Tuesday it was finalizing a corporate reorganization
to streamline business.
Aside from the retail operations business unit, Sears' corporate reorganization
also created other business units under disparate umbrella groups, including: brands, real estate, support, online and store operations.
The distrust in industrial restructuring through market forces is based on the conviction that nationality of company ownership matters, and that governments become stakeholders when self-appointed "national champions" are affected or when a major corporate reorganization
results in layoffs.
Shareholders are also being asked to consider a corporate reorganization
resulting in the distribution of a minimum of $400 million to shareholders.