“That means he was being very, very f—king disrespectful” – Kendrick Perkins explains why Marcus Morris’ casino debt became a legal problem Basketball Network Read the original article here
Kentucky Faces Massive Job Loss as 3 Major Whiskey Distilleries Go Bankrupt MSN Read the original article here
The National Oil Corporation of Kenya (NOCK) has been declared “technically insolvent” by a parliamentary watchdog committee, which has now ordered a special audit into the agency’s operations. According to the National Assembly’s Public Investments Committee on Commercial Affairs and Energy, NOCK is unable to meet its recurrent expenditures, owes over Sh7.4 billion in…
BREAKING NEWS: Healthcare equipment maker goes into liquidation By Lee Peart 01 August 2025 Healthcare equipment maker NRS Healthcare has gone into liquidation with a winding-up order having been issued. (c) Steven HWG/Unsplash Official Receiver Gareth Jonathan Allen has been appointed as liquidator of the business. Mark James Tobias Banfield, Edward Williams, Helen Laura Wheeler-Jones,…
Supreme Court: While considering this review petition filed in respect of Supreme Court’s decision dated 2-5-2025 in Kalyani Transco v. Bhushan Power & Steel Ltd., 2025 SCC OnLine SC 1010, whereby the Court had directed the liquidation of Bhushan Steel and rejected the Resolution Plan by JSW; the Division Bench of B.R. Gavai, CJ and…
The Insolvency and Bankruptcy Board of India (IBBI) have dismissed an appeal filed by Mr. Vipan Kumar, a registered valuer (RV), challenging his three-month suspension. The disciplinary action, originally imposed by IBBI on 26th March 2025, pertained to his role in the corporate insolvency resolution process (CIRP) of M/s Base Corporation Limited. Mr. Kumar, registered…
The Allahabad high court held that protection of Insolvency Bankruptcy Code (IBC), 2016 is only applicable to corporate debtors and not to persons who draw cheques in Individual capacity. The court allowed the applicants to raise all contentions, legal or factual, before the court below while contesting the proceedings. A complaint was lodged by O.P.…