Restructuring watch

Restructuring watch

Date Company Staff cuts Notes Cash Years cash pre-cut Cash reporting date
11/13 Advanced Tissue (ATIS) NA After filing for Chapter 11 in October, ATIS's board unanimously elected to liquidate the company's assets. Accordingly, officers and directors resigned, and its12 employees were released. NA NA NA
11/8 Advanced Viral (ADVR) 70% to 10 Also plans to sell Bahama-based manufacturing

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