A Jersey doctor declared bankrupt nearly a decade ago has lost a court challenge to force the island’s chief enforcement officer to fund her legal fight in England. In a judgment delivered by the Royal Court, Dr Gail Cochrane failed to overturn a decision by the Viscount – the official responsible for administering bankrupt estates…
Fragmented national insolvency rules increase legal uncertainty and deter investors. Insolvency proceedings in the EU can take up to 3.5 years, and court costs can consume up to 15 per cent of the insolvency estate. cep proposes a four-pillar reform strategy, including a voluntary European ‘28th regime’ for cross-border insolvency cases The European Union aims…
The ruling also acknowledged a 43-day delay in refiling, attributed to medical circumstances. The National Company Law Appellate Tribunal (NCLAT) on Monday restored an insolvency appeal against Dilip Buildcon, a construction and infrastructure development company. A two-member bench of the NCLAT on December 12, 2025, dismissed the appeal filed by Shyamji Construction Co against Dilip…
Big blow to investors! 6,45,466 Jaiprakash Associates shareholders to lose over ₹400 crore; here’s why MSN Read the original article here
Spandex maker Lycra files for bankruptcy to cut $1.2 billion in debt Reuters Read the original article here
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Zanyu Technology’s Indonesian Subsidiary Suddenly Declared Bankrupt; Company Insists Debts Have Been Cleared ChemNet Read the original article here
Hero Electric faces liquidation after NCLT rejects revival plan. FAME-II subsidy halt, no buyers, and insolvency push EV maker towards shutdown in India. Hero Electric is now heading into liquidation after the National Company Law Tribunal did not find any solid revival plan during the insolvency process. The company had been trying to turn things…
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