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Vecima Networks Inc Announces Termination of Asset Purchase Agreement with Casa Systems, Inc and Cancellation of Subscription Receipts
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MedAvail Holdings (MDVL) Files Voluntary Chapter 11
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AeroCentury Corp Announces Closing of Securities Purchase
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Emergent Capital, Inc. Announces Completion of Restructuring
BOCA RATON, FL / ACCESSWIRE
/ April 8, 2021 / Emergent Capital, Inc. (OTCQX:EMGC) ( Emergent or the Company ) announced that on April 7, 2021 it has consummated its previously announced restructuring. Accordingly, Emergent moved its operations to its former subsidiary, Lamington Road DAC, a designated activity company with limited liability incorporated under the laws of Ireland ( Lamington ) and formed the Lamington Road Grantor Trust, a grantor trust organized under the laws of the Cayman Islands (the Trust ), to hold certain securities of Lamington called profit participating notes. The restructuring was done in accordance with the Emergent s Plan of Reorganization, as confirmed by the United States Bankruptcy Court for the District of Delaware (the Bankruptcy Court ) on December 30, 2020.
Emergent Capital, Inc Announces Completion of Restructuring
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