company restructuring News

Willis Towers Watson Forms Risk Services Group for Distressed Organizations

Willis Towers Watson has formed a new unit serving companies facing bankruptcy or restructuring. The new unit, Strategic Solutions Group (SSG), is within its Financial, Executive and Professional Risks (FINEX) global practice and Mergers & Acquisitions Group. SSG will provide …

Patriot National to Reorganize for Acquiring Lenders; Subsidiaries to File Chapter 11

Patriot National Inc., which provides technology, outsourcing and underwriting services to the insurance industry, has announced a plan of reorganization as part of a restructuring support agreement (RSA) with its lenders, Cerberus Business Finance, LLC and its affiliates, and TCW …