German court rejects shareholders' bid for more of Wirecard insolvency spoils – Reuters
German court rejects shareholders’ bid for more of Wirecard insolvency spoils Reuters Read the original article here
Major home improvement company files Chapter 11 bankruptcy
When consumers learn a business is filing for bankruptcy protection, often the first image that comes to their minds is a company in financial distress. Economic problems are not the only reason businesses need to file for bankruptcy, as the automatic stay provision of bankruptcy can help a company facing litigation to fend off legal…
Guests ejected mid-stay from bankrupt hotel chain Sonder
Sonder rooms can no longer be booked via the Marriott site and app. Marriott said it was helping people who booked via its own platforms but was advising those who booked via a third party to ask for a refund via their credit card issuer. “Sonder has faced severe financial constraints arising from, among other…
Manipal Group confirms bid to acquire bankrupt Byju’s parent company
The Manipal Group on Thursday confirmed that it has submitted a bid to acquire Think & Learn Pvt. Ltd., the parent company of the bankrupt edtech firm Byju’s. Earlier, it was revealed that the Ranjan Pai-led group had filed an expression of interest (EOI) to take over the struggling company. According to a statement from…
Manipal Group submits bid once again to acquire BYJU'S – Deccan Herald
Manipal Group submits bid once again to acquire BYJU’S Deccan Herald Read the original article here
What’s next for Marriott after Sonder collapse?
Listen to the article 7 min This audio is auto-generated. Please let us know if you have feedback. Sonder announced bankruptcy this week, cementing that the beleaguered apartment-style accommodations provider — which The Wall Street Journal once called “Airbnb’s billion-dollar competitor” — couldn’t hack it in hospitality. Even with the backing of industry giant Marriott…
Key home improvement products company files Chapter 11 bankruptcy – TheStreet
Key home improvement products company files Chapter 11 bankruptcy TheStreet Read the original article here
Manipal Group submits expression of interest for Think Learn under insolvency process- The Week
New Delhi, Nov 13 (PTI) Manipal Education and Medical Group India (MEMG India), led by Ranjan Pai, has submitted an Expression of Interest (EOI) to participate in the ongoing Corporate Insolvency Resolution Process (CIRP) of Think & Learn, the parent company of embattled edtech firm Byju’s. As per the EOI, MEMG has requested access to…
Manipal Group Submits Expression Of Interest For Byju’s Parent Under Insolvency Process – BW Businessworld
Manipal Group Submits Expression Of Interest For Byju’s Parent Under Insolvency Process BW Businessworld Read the original article here
Manipal Education submits expression of interest for Byju’s parent Think & Learn under insolvency process — What we know
Dr Ranjan Pai-led Manipal Education and Medical Group India (MEMG India) has submitted a formal Expression of Interest (EOI) to participate in the Corporate Insolvency Resolution Process (CIRP) of troubled edtech company Byju’s parent Think & Learn, the company informed the exchanges on 13 November. As per the documents filed with the Resolution Professional (aka…