On 16 July, the National Company Law Tribunal (NCLT) admitted an insolvency petition filed by the Board of Control for Cricket in India (BCCI) against Think & Learn Pvt Ltd, the parent company of Byju’s, for allegedly defaulting on dues worth ₹158 crore. This is the latest in a series of setbacks for the online…
The Supreme Court has declined a request by the Biden administration to lift a stay on the implementation of its SAVE student loan repayment plan. The Education Department set up the new the Income-Driven Repayment (IDR) plan after President Joe Biden’s sweeping plan to forgive student debt was struck down by the high court last…
The Supreme Court maintained a temporary pause on a Biden administration student debt relief plan Wednesday, leaving millions of borrowers on uncertain terms. The Department of Justice had filed an emergency appeal in August asking SCOTUS to overturn a temporary halt imposed by a federal appeals court on the administration’s Saving on a Valuable Education…
EY-Parthenon teams were appointed as insolvency administrators in March 2021. From the start, a unique aspect to this engagement was the media attention. Given the size and impact of this bankruptcy, this was a hurdle both Abengoa and EY-Parthenon had to overcome and engage with regularly throughout the process. Loan requests Initially, the EY-Parthenon teams…
Mumbai: NCLT Rejects Application Filed Against Future Lifestyle By Mohan Clothing Company MSN Read the original article here
The Victorian government handed down its budget for 2024-25 yesterday. Some of the big announcements include $400 credits for children at government schools, the delay of the Airport Rail Link, and billions of dollars invested into upgrading major hospitals — but plenty more can be gleaned from the data. Here are seven charts to help make…
Podcast – The Return of Emergency Mechanisms for Insolvent Companies Holland & Knight Read the original article here
US Supreme Court declines to revive Biden’s student debt relief plan XM Read the original article here
Supreme Court declines to revive Biden’s student debt relief plan The Union Leader Read the original article here
EMERGENCY DOCKET By Amy Howe on Aug 28, 2024 at 7:40 pm The justices, though still on summer recess and away from the courtroom, are considering a number of cases on their emergency docket. (Heidi Besen via Shutterstock) The Supreme Court on Wednesday temporarily barred the Biden administration from implementing… Read the original article here