Corporate governance deficiencies threaten Ghanaian businesses

Simon Madjie, CEO of Ghana Investment Promotion Centre Weak corporate governance remains a key cause of business failure in Ghana, Mr Simon Madjie, Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), has said. Speaking at a lecture organised by the Chartered Institute of Restructuring and Insolvency Practitioners (CIRIP), he attributed the issue to…

Delaware Law Alert: Court of Chancery Orders Specific Performance in Acquisition of a Company Approaching Insolvency | Insights

On March 24, 2025, Chancellor Kathaleen McCormick of the Delaware Court of Chancery issued a post-trial opinion in Desktop Metal, Inc. v. Nano Dimension Ltd.,1 ordering the parties to comply with a merger agreement and close a transaction to consummate Nano’s acquisition of Desktop Metal. The decision offers a helpful case study of a deal…

IBC drives major behavioural shift in corporate credit culture IIM-B study- The Week

New Delhi, May 29 (PTI) The Insolvency and Bankruptcy Code has reshaped India’s credit culture by instilling financial discipline among borrowers and strengthening corporate governance practices, according to a research study conducted by the Indian Institute of Management, Bangalore.    The study is based on the comprehensive draws on a wide dataset covering corporate insolvency resolution proceedings…

Supreme Court to Review Byju’s Insolvency Settlement Case Against BCCI, ET LegalWorld

The Supreme Court on Thursday agreed to hear a petition filed by the promoters of tech company Byju’s, seeking to uphold a pre-Corporate Insolvency Resolution Process (pre-CoC) settlement in the company’s insolvency proceedings. The promoters’ lawyers challenged the decision by the Chennai-bench of National Company Law Appellate Tribunal (NCLAT) that denied withdrawal of insolvency proceedings…

The Insolvency Of Coromandel Properties, Two Years Later

On February 6, 2023, Coromandel Properties filed for creditor protection under the federal Companies’ Creditors Arrangement Act (CCAA) while carrying over $700 million of debt across 16 active real estate projects. Although Metro Vancouver (and beyond) has seen numerous others since then, the insolvency of Coromandel Properties was one of the earliest of the recent…

IBC drives major behavioural shift in corporate credit culture: IIM-B study

Last Updated:May 29, 2025, 22:30 IST Representational image (Image: News18) New Delhi, May 29 (PTI) The Insolvency and Bankruptcy Code has reshaped India’s credit culture by instilling financial discipline among borrowers and strengthening corporate governance practices, according to a research study conducted by the Indian Institute of Management, Bangalore. The study is based on the…