The IBC has the potential to strengthen India's economic fabric, but its misuse as a tool for corporate vengeance risks ...

IBBI Chief Ravi Mital highlights the need for companies in India to utilize the insolvency law more effectively, encouraging ...

Northvolt AB’s appointed bankruptcy lawyers in the US have sent a letter to creditors in Sweden threatening legal action if they don’t return to the company funds seized by the country’s Enforcement ...

The CIRP for Jason Dekor commenced on December 19, 2019, and initially, the CoC decided to seek liquidation due to the absence of a viable Resolution Plan. However, after a legal challenge and a ...

The Insolvency and Bankruptcy Board of India (IBBI) has amended rules for information utilities to enhance identity verification and streamline the authentication process for financial default records ...

The Supreme Court, by a 2:1 majority, has held that Competition Commission of India (CCI) approval for corporate insolvency ...

Exactech Australia Pty Ltd not subject to any insolvency process, is also a defendant to the Australian class action. On 29 October 2024, Exactech and four other companies within the Exactech Group ...

Glas Trust and Aditya Birla Finance will now be included in Byju's committee of creditors, while founder Byju Raveendran will ...

Overview Limited liability companies (LLCs)—curious creatures of state law—often file bankruptcy. Bankruptcy courts have, ...

J.C. Penney’s bankruptcy administrators argue that fees should be returned after Jackson Walker didn’t disclose the romantic ...

Two attempts by Johnson & Johnson to resolve approximately 60,000 talcum powder lawsuits through bankruptcy courts have ...