Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Attorney General Jennifer Davenport, the Division of Criminal Justice (DCJ), and the New Jersey State Police (NJSP) announced today that a Prospect Park, New Jersey, councilman admitted his role in an illegal gambling operation tied to the Lucchese crime family. Anand U. Shah, 44, of Prospect Park, New Jersey, pleaded guilty today before Superior Court…
Guggenheim affiliate buys up debt linked to its asset management arm Financial Times Read the original article here
Essel Group chairman Subhash Chandra has pushed back against criticism over his personal insolvency proceedings, saying the group has repaid around Rs 43,000 crore of the nearly Rs 45,000 crore it owed after its financial crisis in 2019. In a video message, Chandra said he and his family sold personal assets, including their home, to…
Pacific Gas & Electric Co. faces renewed wildfire liability concerns, and its stocks have been trading down by -7.74 percent. Key Takeaways Shares of Pacific Gas & Electric Co. have dropped from above $18 to $16.60, breaking a tight multi-week trading range. Intraday PCG action shows heavy midday selling, then slow afternoon stabilizing around $16.50–$16.70.…
The Mumbai Bench of the National Company Law Tribunal (NCLT) has ordered initiation of corporate insolvency resolution process (CIRP) against Essel Infraprojects Ltd on a petition filed by Jammu and Kashmir Bank over a default of Rs 87.43 crore. Essel Infraprojects is one of many Subhash Chandra companies facing insolvency process. The NCLT’s Court-V, in…
St Davids Distillery Limited was ordered to be wound up by the High Court on July 29 following a petition by HM Revenue and Customs (HMRC). The company, which is registered at Nine Wells in St Davids, is now being handled by the Official Receiver and a liquidator has been appointed. A winding-up petition is a legal…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
NCLT clarifies Subhash Chandra’s Rs 22,000 cr case is not a bank loan write-off, but claims against him as a personal guarantor for Essel Group. Key Points The NCLT order on Subhash Chandra’s repayment plan does not signify a Rs 22,000 crore bank loan write-off. The Rs 22,006 crore figure represents claims against Chandra as…