JSW Energy Ltd announced on Monday (January 13) that it had been deemed the successful applicant for the resolution plan submitted for KSK Mahanadi Power Company Ltd (KMPCL) under the corporate insolvency resolution procedure (CIRP) of the Insolvency and Bankruptcy Code, 2016. The resolution professional sent the company a letter of intent (LoI) after the…
New Delhi: JSW Energy on Monday announced it has emerged as a successful applicant to acquire KSK Mahanadi Power Company, which owns 3,600 MW thermal power plants, under insolvency proceedings. This follows the approval by the Committee of Creditors, with the closure of the transaction subject to the necessary regulatory approvals from the National Company…
JSW Energy share price: Shares of JSW Energy will be on investors’ radar on Tuesday, January 14, as the company on Monday announced it has emerged as a successful applicant to acquire KSK Mahanadi Power Company, which owns 3,600 MW thermal power plants, under insolvency proceedings. This follows the approval by the Committee of Creditors,…
By Ben Zigterman · January 7, 2025, 6:09 PM EST Bankrupt electric vehicle battery maker Northvolt AB asked its shareholders to vote Wednesday on keeping the business going, in a move a company spokesperson called a “procedural step” consistent with Swedish… To view the full article, register now. Read the original article here
Prospect Medical Holdings files for Chapter 11 amid criticisms of prior PE ownership Fierce healthcare Read the original article here
As of April 8 2024, the company operating virtual reality immersive collaboration platform provider Glue declared bankruptcy under a decision by the District Court of Helsinki. The operating firm is selling assets, including the Glue platform. Unless a new company purchases the platform and continues its operation, Glue may shut down for good –…
JSW Energy has secured a letter of intent to acquire KSK Mahanadi Power Company, adding 3.6 GW of thermal power capacity to its portfolio. The acquisition is subject to regulatory approvals. New Delhi, Jan 13 (PTI) JSW Energy on Monday announced it has emerged as a successful applicant to acquire KSK Mahanadi Power Company, which…
JSW Energy Limited has received the Letter of Intent (LoI) for its resolution plan to acquire KSK Mahanadi Power Company Limited (KMPCL). The announcement comes after the approval by KMPCL’s Committee of Creditors under the corporate insolvency resolution process of the Insolvency and Bankruptcy Code, 2016. The closure of the transaction is now subject to…
Hospital Operator Prospect Medical Files for Bankruptcy The Wall Street Journal Read the original article here
Can Towns or Cities in Washington State Go Bankrupt? I was reading a recent article in the Seattle Times about Cle Elum’s possible bankruptcy, and it got me thinking: Can towns and cities in Washington State go bankrupt? I was surprised, as it hadn’t occurred to me. Not to say it’s impossible, but you usually…