Simple Solutions Can Help States Better Handle Debt Cases

This article is the second of a three-part series looking at issues surrounding debt lawsuits in state courts. State courts should offer a path to resolution for the millions of Americans sued for debt each year. Too often, however, consumers involved in litigation must deal with inadequate information, confusing processes, and outdated, ineffective policies that…

Auto Parts Supplier Marelli Blames Tariffs for Bankruptcy

The Marelli Corp. headquarters in Saitama, Japan. (Kiyoshi Ota/Bloomberg) [Stay on top of transportation news: Get TTNews in your inbox.] Marelli Holdings Co., the long-struggling auto parts supplier for Nissan Motor Co., Stellantis NV and other carmakers, filed bankruptcy in the U.S., saying its latest debt-cutting effort was prompted by tariffs. The insolvency case is…

Hemadri Cements to consider voluntary liquidation

The Board of Andhra Pradesh-based Hemadri Cements is likely to consider viability of operations and examine the proposal for Voluntary Liquidation of the Company under Section 59 of the Insolvency and Bankruptcy Code, 2016, in a meeting of Board of Directors to be held on 18 June 2025, the company informed the exchanges on 14…