“There is clarity now, but time is running out”

Plant nursery Jongerius has now officially been declared bankrupt. The largely organic nursery, which played a key role within Dutch organic horticulture, suddenly announced on 31 October that it would cease operations. In the weeks that followed, uncertainty reigned for employees, growers and customers alike. Both a possible restart and bankruptcy were still on…

Unpaid Severance Spurs Former Employees to File Bankruptcy Suit Against Susi Air

TEMPO.CO, Jakarta – Susi Air airline is being sued for bankruptcy by its former employee regarding the fulfillment of severance pay. Fadila, a former employee, filed the lawsuit at the Central Jakarta Commercial Court on December 24, 2025. This case is recorded with Case Number 73/Pdt.Sus-Pailit/2025/PN.Niaga.Jkt.Pst. Fadila’s legal representative, Zentoni, stated that the bankruptcy lawsuit…

Borosil Renewables Initiates Voluntary Insolvency Proceedings For German Subsidiary Geosphere Glassworks

Representational image. Credit: Canva Borosil Renewables Limited has informed the stock exchanges about the start of a voluntary insolvency process for its wholly owned subsidiary in Germany, Geosphere Glassworks GmbH. The company shared that the insolvency application was filed by Geosphere’s Managing Director on December 22, 2025, before the insolvency court in Cottbus, Germany. Borosil…

Call for Research Assistant – Insolvency and Bankruptcy Code Commentary

Akaant K. Mittal, Advocate, Punjab & Haryana High Court is pleased to announce the commencement of his book on the Third Edition of the authoritative legal commentary on the Insolvency and Bankruptcy Code (IBC). Building upon the strong foundations of the earlier editions, the forthcoming volume will comprehensively incorporate legislative developments, regulatory changes, and judicial…

SC appoints 3-member panel to oversee insolvency process of Supertech Realtors, completion of Supernova project | Legal News

The Supreme Court has appointed a three-member committee to oversee the Corporate Insolvency Resolution Process (CIRP) of realty major M/s Supertech Realtors Pvt Ltd, which is caught in a series of litigations by homebuyers and others over its ambitious mixed-use Supernova project in Sector 94, Noida. The committee, headed by former Chief Justice of Jammu…

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