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Financial Creditors and Operational Creditors under the Insolvency and Bankruptcy Code, 2016 – Legal Service India

Introduction The Insolvency and Bankruptcy Code, 2016 (IBC), is an Act to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons and partnership firms. The primary objective of the Code is to ensure timely resolution, preserve enterprise value, promote the availability of credit, and balance the interests of all stakeholders.…

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Supreme Court Litigator Thomas Goldstein Convicted of Tax Evasion and Related Charges

A federal jury has convicted prominent Supreme Court litigator Thomas Goldstein on multiple charges, including tax evasion, following a six-week trial in Greenbelt, Maryland. Goldstein, co-founder of the influential SCOTUSblog, was found guilty on 12 of 16 counts, culminating in convictions for tax evasion, false tax returns, and willful failure to pay taxes. Prosecutors presented…