Videocon insolvency: NCLAT moved over confidentiality breach issue
The Bank of Maharashtra (BoM) raised the issue of breach of confidentiality in Videocon Industries’…
Monthly Archives: September, 2021
After the implementation of the European restructuring directive, is France still in favor of debtors? – Insolvency / Bankruptcy / Restructuring
To print this article, simply register or connect to Mondaq.com. On September 15, 2021, a…
Bank of Maharashtra raises issue of breach of confidentiality in Videocon insolvency process
New Delhi: Bank of Maharashtra, a dissatisfied creditor of the Videocon group, on Friday raised…
Videocon insolvency proceedings: BoM raises the issue of breach of confidentiality
Bank of Maharashtra, a dissatisfied creditor of the Videocon group, on Friday raised the issue…
Kikki.K gets last minute stay of liquidation
Creditors met to vote on the recommendation on Thursday, but the meeting was adjourned for…
Liquidation and Prior Transactions in the Cayman Islands – Commentary
introductionAutomatically canceled transactionsPotentially voidable transactionsObligation to contributeintroductionWhen a Cayman Islands company (Cayman Company) goes into…
Bankruptcy Debtor Trumps SBA in Arizona District PPP Loan Dispute – Insolvency / Bankruptcy / Restructuring
The Paycheck Protection Program (“PPP”) was a forgivable loan program administered by the US Small…
Bankruptcy Debtor Trumps SBA in Arizona District P3 Loan Dispute | Snell & Wilmer
The Paycheck Protection Program (“PPP”) was a forgivable loan program administered by the US Small…
UK government braces for end of temporary insolvency measures
The government introduced the Insolvency and Corporate Governance Act 2020 (CIGA) in June 2020, prohibiting…
Are you worried about insolvency? Bite the CVL bullet, and stop putting the good money after the bad
We are seeing an increase in CVLs related to the IR35 reform and frankly, how…
Bankrupt Debtor Trumps SBA in Arizona District PPP Loan Dispute
The Paycheck Protection Program (“PPP”) was a forgivable loan program administered by the US Small…
Insolvency of Videocon: Twin Star Tech opposes a new offer
In its resolution plan, Twin Star offered to pay Rs 2,962.02 crore on the admitted…
Steinhoff pushes back liquidation in South Africa
Business Day reporter Katharine Child says the case is tricky because Steinhoff is a multinational…
Manage parallel insolvency proceedings in different jurisdictions?
When creditors try to collect debt from a troubled business in different jurisdictions, they incur…
The businessman’s new company registered the day after the liquidation will be examined
THINGRajesh Luthra and his wife Tripta Tripta recently moved into a new home in Rolleston.August…
Can you recover the amounts owed to you by a company in liquidation? – Insolvency / Bankruptcy / Restructuring
Australia: Can you recover the amounts owed to you by a company in liquidation? To…
Debtors behaving badly: non-payment of the debt on the basis of the “bad acts” of the debtor – Insolvency / Bankruptcy / Restructuring
United States: Debtors behaving badly: non-payment of the debt on the basis of the “bad…
Sears and Kmart are closing other stores. Is your establishment holding a clearance sale? See the list.
Other Sears and Kmart stores will close in the coming months.Two years after Transformco bought…
Two stores in liquidation
JCPenney has added a pair of stores to its list of permanent store closures.The retailer…
Debtors behaving badly: non-payment of the debt on the basis of the “bad acts” of the debtor
It is said that the word bankruptcy originated in the Middle Ages from the term…
Daily Fundamental Oil Price Forecasts – External Factors Encouraging Long Liquidation, Profit Taking
US West Texas Intermediate and International-benchmark Brent crude oil futures are trading lower Monday morning,…
For PAL reinvention, not liquidation
Congratulations to Justice Japar B. Dimaampao, 57, for his long delayed but well deserved promotion…
The moratorium under the IBC only applies to debtor companies and not to promoters: SC
The Supreme Court ruled that the moratorium under the provisions of the Insolvency and Bankruptcy…
Welcome to IANS Live – TopStory
Photo credit: IANS IANSLive New Delhi, Sept. 16 (IANS) The Supreme Court ruled on Thursday…
Object of the IBC to revive the debtor company, final liquidation: SC
The Supreme Court said on Wednesday that the main purpose of the Insolvency and Bankruptcy…
Steinhoff wants to make offer to postpone liquidation case to Constitutional Court
Steinhoff says he wants to go to the Constitutional Court as he seeks to postpone…
The problem of “debtor-creditor” language when selling loans by participation
Participation agreements, in the form promulgated by The Loan Syndications and Trading Association, Inc. (LSTA),…
Business News | Stock market and stock market news
Search for quotes, news, net asset values of mutual funds Paras Defense INE045601015, PARAS, 543367…
Lenders vote to liquidate Lanco Mandakini Hydropower
Lenders voted to liquidate Lanco Mandakini Hydro Power on the grounds that an offer from…
Court of Appeal Maintains FCC Penalty Claim Survives Chapter 11 Debtor Company Relief
A corporate financial penalty obligation of a Chapter 11 debtor owed to the Federal Communications…
Liquidation as a Going Business is an Effort to Maximize Value and Save Businesses in Insolvency | MAINTENANCE
Nitin Jain is the official liquidator of the PSL Group – recently wound up as…
Personal property of guarantors cannot be transferred during the debtor company’s CIRP: NCLAT
The National Company Law Appeals Tribunal ruled that the personal assets of the guarantors could…
Liquidation as “going concern” gains ground
The liquidation of the business as a “going concern”, instead of liquidating it and selling…
Cayman update: alternative scheme to prove claims in liquidation
On September 10, 2021, Chief Justice Smellie QC in Re Premier Assurance Group SPC Ltd.…
TECT Aerospace creditors say it’s time to liquidate
By Rick Archer (September 10, 2021, 8:38 p.m. EDT) – Unsecured creditors of TECT Aerospace…
Bankruptcy Commission tightens noose around IBC liquidation process
In June of this year, 4,541 troubled companies were taken to bankruptcy courts. Of this…
Legal options in Thailand when a debtor can’t (or won’t) pay
COVID-19 and the resulting containment measures to limit outbreaks in Thailand have caused significant financial…
Legal options in Thailand when a debtor is unable (or unwilling) to pay – Insolvency / Bankruptcy / Restructuring
Thailand: Legal options in Thailand when a debtor can’t (or won’t) pay September 07, 2021…
Steinhoff’s shares dip as judge rules liquidation case can be heard
Steinhoff headquarters in Stellenbosch. Steinhoff shares fell nearly 40% on Monday afternoon after the Western…
IBC: 47 pc of cases closed in liquidation until June; many cos saw the erosion of ecological value before the insolvency process, says IBBI
Almost 47%, or 1,349 cases closed under the insolvency law were put into liquidation until…
Siva Industries promoter appeals liquidation
Series C entrepreneur Sivasankaran, promoter of Siva Industries, filed an appeal with the National Company…
The liquidator can sell the debtor company as a going concern, CoC Code of Conduct
2. Vinod Sehwag v. Siemens Financial Services Pvt. Ltd. & Anr. (NCLAT, Delhi)Problem involved:Can the…
FAQ: the real difference between insolvency, bankruptcy, liquidation, etc.
COVID-19 has had an undeniable and significant impact on many businesses in Australia. With every…
Carbon Capture and Sequestration Face Significant Licensing and Regulatory Barriers in California | Alston & Bird
If California continues to push for ambitious carbon reduction targets, CCS will need to play…