Debt burden lifted for thousands of Nevadans

Editor’s note: Este artículo está traducido al español. Longtime Las Vegas resident Maria Yañez owed over $4,500 in medical bills spanning back nearly a decade — until recently. In mid-November, Yañez received a letter pertaining to both bills one from a hospital stint in 2017 and another from a lumbar surgery and ambulance ride in…

‘Two Polish rail freight operators go bankrupt’

Two rail freight operators in Poland are reportedly filing for bankruptcy. It concerns Ost-West Logistic Poland and Cargoway, companies which occupy a minor share of the market. Various Polish media report the bankruptcies. Ost-West Logistic Poland is said to have filed for bankruptcy on 31 December. RailFreight.com could not verify the bankruptcy application. The company…

IBC Avoidance Provisions Aim To Restore Corporate Debtor’s Estate: NCLT Kochi

Thiruvananthapuram, Jan 12 (KNN) The National Company Law Tribunal (NCLT) at Kochi has clarified that the avoidance provisions under the Insolvency and Bankruptcy Code (IBC) are designed to neutralise the preferential effect of certain transactions and restore the corporate debtor’s estate, rather than impose punitive liability on the beneficiary.  The observation was made by Judicial…

NTPC, Mahagenco inks pact for Sinnar Thermal acquisition

NTPC Ltd and Maharashtra State Power Generation Company Ltd (Mahagenco) announced that they have executed a shareholder agreement on Friday, January 9, 2026. The pact is in connection with the acquisition of Sinnar Thermal Power Ltd (STPL), according to the company’s filing with the exchanges. The collaboration is related to acquisition of STPL. The company…