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 ...
IBBI chief Ravi Mital on Thursday said companies in India have not learnt how to use the insolvency law and pitched for efforts to ensure that more companies opt for the voluntary resolution process ...
The Supreme Court, by a 2:1 majority, has held that Competition Commission of India (CCI) approval for corporate insolvency ...
Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2025.
Court documents show the company filed for Chapter 11 late last year after TD Bank began foreclosure proceedings.
Overview Limited liability companies (LLCs)—curious creatures of state law—often file bankruptcy. Bankruptcy courts have, ...
Two attempts by Johnson & Johnson to resolve approximately 60,000 talcum powder lawsuits through bankruptcy courts have ...
J.C. Penney’s bankruptcy administrators argue that fees should be returned after Jackson Walker didn’t disclose the romantic ...
The Worker Adjustment Retraining Notification Act (“WARN Act”), as well as certain state statutes, require employers to ...
Bankruptcy can discharge or restructure most credit card debt, but there are exceptions. For example, luxury purchases or ...
Personal Liability For 'Playing Fast And Loose' With The Rules For Wrongful Trading In Jersey. Legal News and Analysis - ...
First of all, let us consider what bankruptcy is. The law states that a person or corporate body may declare bankruptcy when it cannot pay off debts, which are considered “unmanageable.” Bankruptcy ...