Kevin Reed Hedge Funds Review
ONE OF the UK's most senior restructuring experts has been called in to work with Margaret Hodge's family business. Simon Freakley, chief executive of Zolfo Cooper Europe, is working with the owners of steel-trading business Stemcor after it missed a repayment deadline, reports the Telegraph. The company has entered into a restructuring and cost-cutting programme, which has seen its lenders give Stemcor a 100-day respite, which began on 7 June, with...
Reported by Accountancy Age 8 hours ago.
ONE OF the UK's most senior restructuring experts has been called in to work with Margaret Hodge's family business. Simon Freakley, chief executive of Zolfo Cooper Europe, is working with the owners of steel-trading business Stemcor after it missed a repayment deadline, reports the Telegraph. The company has entered into a restructuring and cost-cutting programme, which has seen its lenders give Stemcor a 100-day respite, which began on 7 June, with...
Reported by Accountancy Age 8 hours ago.