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 ...
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 ...
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 - ...