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GOVERNMENT BUSINESS

Ankura | March 17, 2022

Ankura Consulting, LLC, an independent global expert and advisory services firm, announced that on March 15, 2022, the Plan of Adjustment for the Commonwealth of Puerto Rico went effective. On January 18, 2022, U.S. District Court Judge Hon. Laura Taylor Swain approved the Plan of Adjustment that set the restructuring terms for approximately $34 billion of debt, which is the largest restructuring of municipal debt in U.S. history. The Plan of Adjustment paves the way for Puerto Rico ...

GOVERNMENT BUSINESS

Technation | April 11, 2022

Technation, Canada’s leading technology association, is pleased to see increased investments in cyber and digital government in 2022 Federal Budget. The Association has long advocated for government to significantly enhance federal investments in cyber security as Canada’s current level of investment is not sufficient to secure our economy, critical infrastructure, or government enterprises. Technation is pleased to see the commitment of $875.2 million over 5 years to ...

CYBERSECURITY

Bridewell Consulting | March 24, 2022

U.K. cybersecurity services company, Bridewell Consulting, has announced its expansion into the $58 billion U.S. cybersecurity market following a multi-million investment from Growth Capital Partners last year. Specialists in securing organizations in complex and highly regulated sectors such as critical national infrastructure and finance, the company seeks to help U.S. organizations reduce risk and build cyber resilience amid rising cyber threats. With an office strategically lo...

Reuters | April 12, 2020

Major U.S. airlines were urging Treasury officials and the federal government’s outside advisers on Saturday to scrap or revise a proposal that would make part of the $25 billion earmarked by Congress to help keep workers on the payroll repayable in the form of low-cost loans. Treasury Secretary Steven Mnuchin told the airlines on Friday the government would require them to repay 30% of the grants in low-cost loans over 10 years — with the first five years at 1% interest — befo...