Lessors secure $15mn court win against India's SpiceJet – ch-aviation

SpiceJet (SG, Delhi International) Two aircraft lessors have secured a USD15 million summary judgement against SpiceJet (SG, Delhi International) and are expected to seek enforcement through India’s National Company Law Tribunal (NCLT). Reports also suggest another three legal cases are pending against the carrier in UK courts. As reported by India’s MoneyControl outlet, in a…

Thurrock council hid losses as it gambled millions on risky investments – The Guardian

Bankrupt Thurrock council recklessly gambled hundreds of millions of pounds on risky commercial investments while covering up evidence of its losses and attempting to silence critics, a devastating official review has concluded. The government-commissioned report published on Thursday said the Tory-run councils financial collapse in 2022 was the culmination of years of dysfunctional leadership characterised…

Bittrex withdrawals set to resume after bankruptcy court gives green light – Cointelegraph

The court left the issue of the subordinacy of government claims open; Bittrex received multimillion-dollar credits from FinCEN and OFAC. News Join us on social networks Cryptocurrency trading platform Bittrex is expected to resume customer withdrawals on June 15 following an order from a judge in the United States Bankruptcy Court for the District of…