Jamie Oliver’s Italian restaurant empire ‘racks up debts of £71.5 million with staff owed £2.2 million’ – Daily Mail

The company has reportedly racked up debts of £71.5 million Claims that the star begged landlords to cut rents in aim to keep company afloat Plan backed by 95% of creditors will see 450 staff lose their jobs By Victoria Bell For Mailonline Published: 02:00 AEDT, 12 February 2018 | Updated: 05:43 AEDT, 12 February…

Evolution Of Law Of Corporate Insolvency [PART -II] Formation Of NCLTs And Evolution Of Insolvency Jurisprudence – Live Law

Law Commission of India vide its 124th Report[1],  while highlighting the issues of multiplicity of jurisdictions with High Courts, pendency of cases, multiplicity of stages of appeal/ review/ revision under the Code of Civil Procedure, and need of having specialized bodies to deal with specialized matters, recommended for setting up of specialized Tribunals. This paved…