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LiveLawBiz IBC Weekly Digest: June 22

Voizzit Entities Move Supreme Court Against Kerala HC Order Refusing Probe Into BYJU’S Insolvency Process Case Title : VOIZZIT TECHNOLOGY PVT LTD vs THE DIRECTOR CENTRAL BUREAU OF INVESTIGATION Case Number : DIARY NO. 37706 OF 2026 Two companies linked to the BYJU’S insolvency dispute, Voizzit Technology Pvt Ltd and Voizzit Information Technology LLC, have…

EVR Studio Reportedly Went Bankrupt with MUDANG: Two Hearts Might Be Cancelled

At the Xbox Games Showcase 2025, South Korean developers EVR Studio unveiled their new game—a narrative-driven, third-person action-adventure with stealth elements—that caught many people’s attention thanks to its advanced and spectacular combat system. However, there is a strong likelihood that the project will never be released, as the development studio is rumored to have gone…

Nochi Dankner begins new life after bankruptcy

Last Wednesday a short six-page document dramatically changed the life of the former most powerful man in the Israeli economy. Following the decision of Judge Nurit Tabib-Mizrahi of the Tel Aviv Magistrate’s Court to order insolvency proceedings against Nochi Dankner, the former controlling shareholder of IDB was thrown into a new reality, which he…

One in Ten German Hospitality Firms Face Imminent Insolvency as Job-Cut Plans Dominate Ifo Readings

Germany’s labor market is flashing deeper warning signals than the latest business-sentiment improvement suggests. The Ifo Employment Barometer dropped to 92.3 points in the latest reading, a decline of 1.6 points that leaves the index at levels last seen during the Corona pandemic. While the broader Ifo Business Climate index recently stabilized, employer hiring and…