JD Supra

Out of the money, but not down and out: UK Court of Appeal overturns Petrofac restructuring plans

On 1 July 2025, the Court of Appeal handed down its judgment overturning the twin restructuring plans proposed by Petrofac Limited and Petrofac International (UAE) LLC under Part 26A of the Companies ...
JD Supra

Turbo Group – A practical application of recent restructuring plan developments

The English High Court last week published its judgment ([2025] EWHC 2678 (Ch)) in respect of its sanction on 9 July 2025 of the inter-conditional restructuring plans proposed by thirteen Turbo Group ...
Seeking Alpha

Culp outlines $5M–$6M in annualized synergy and price increase benefits for fiscal 2026 through integration and restructuring

Culp is not providing specific financial guidance due to macroeconomic and global trade uncertainties. However, the CEO indicated, "For fiscal '26, we anticipate year-over-year sales growth in our ...
Hosted on MSN

LEG Q3 Deep Dive: Restructuring Progress and Demand Stabilization Shape Outlook

Manufacturing company Leggett & Platt (NYSE:LEG) reported Q3 CY2025 results , but sales fell by 5.9% year on year to $1.04 billion. On the other hand, the company’s full-year revenue guidance of $4.05 ...
Seeking Alpha

Leggett & Platt maintains $4.0B–$4.3B revenue and $1–$1.20 EPS outlook as restructuring nears completion

Burns stated, “we maintained our full year 2025 sales and adjusted EPS guidance including sales in the range of $4.0 billion to $4.3 billion or down 2% to 9% versus 2024. Earnings per share is now ...