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Pressure mounts on AAMG-Lilium takeover deal

The consortium led by European investment holding company AAMG (Ambitious Air Mobility Group N.V.) is getting serious about its plans to revive the failed aviation startup Lilium. AAMG has now formally applied for a purchase agreement, under the conditions that were announced on Monday: AAMG wants to pay €20 million for the startup’s assets, and…

Supertech Realtors Insolvency: NCLAT Upholds NCLT Order: Rediff Moneynews

NCLAT clears way for insolvency against Supertech Realtors, developer of Supernova project. Upholds NCLT order after Bank of Maharashtra claim. New Delhi, Aug 14 (PTI) The National Company Law Appellate Tribunal (NCLAT) has cleared the way for insolvency proceedings against Supertech Realtors, the developer of the Supernova project, which comprises residential apartments, offices, retail space,…

Tariffs And Turmoil: How Trade Policy Is Driving Corporate Bankruptcies (Video) – Insolvency/Bankruptcy

self In this episode of the Lowenstein Bankruptcy Lowdown, partners David M. Posner and Daniel B. Besikof discuss how tariffs—originally intended as tools of industrial policy—are now accelerating corporate bankruptcies by inflating costs, disrupting supply chains, compressing margins, and pushing financially fragile companies into insolvency. Speakers: David M. Posner, Partner, Vice Chair, Bankruptcy & Restructuring…