Amid sports TV chaos, what happens if Sinclair’s RSNs go bankrupt next year?

Major League Baseball’s offseason is normally filled with hot-stove anticipation, speculation, storylines and contractual drama, but baseball heads into 2022 with a couple of worrisome big-picture issues. One immediate concern is the next labor deal. The other, which we’ll focus on here, is the future of the regional sports network ecosystem that’s financially underpinned MLB…

Sec 66 IBC Enforced By NCLT Kochi

Introduction This article examines the judgment of the National Company Law Tribunal, Kochi Bench, in IA(IBC)/303/KOB/2024 in CP(IBC)/57/KOB/2022, arising in the matter of M/s. Thesaurus Projects Private Limited. The application was instituted under Section 66 of the Insolvency and Bankruptcy Code, 2016, seeking to fix personal liability on the suspended directors for fraudulent trading. The…

What happens next after insolvency

At the turn of the year, the structure surrounding KessTech underwent fundamental changes. A new holding solution is intended to ensure the brand’s continued existence and provide stability following insolvency. KessTech brand under the umbrella of RLS 2025 Holding B.V. since January 1, 2026. No takeover of the former MEC GmbH and no legal succession…