US bankruptcy cases steadily increase – Courthouse News
US bankruptcy cases steadily increase Courthouse News Read the original article here
Madras HC stays order directing Vishal to repay loan with 30% interest to Lyca Productions
Senior counsel AK Sriram, appearing for Vishal, described the loan as Rs 15 crore and argued that repaying it with a 30 per cent interest was unlawful as the interest component alone exceeded Rs 40 crore. Contrary to Lyca’s claims, Vishal was not a wealthy individual, the counsel submitted. Read the original article here
Spirit of Tasmania chair says auditor-general insolvency argument is ‘absurd’
The chair of Spirit of Tasmania operator TT-Line has disputed an auditor-general opinion that the ferry company is insolvent, saying that it would be “perverse” for the government to allow it to go under. TT-Line chair Ken Kanofski appeared at a parliamentary scrutiny hearing on Monday morning, where he responded to questions about the state-owned…
No Cookies | The Mercury
No Cookies To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to…
Biglia reveals Ibrahimovic’s surprising response to possible Covid pay cut: “Go bankrupt”
Lucas Biglia has revealed some interesting information on what Zlatan Ibrahimovic said to the idea of AC Milan players taking a pay cut in Covid. Biglia signed in 2017 as part of a huge summer spending spree in which over €200m was spent. He was meant to be the midfield glue that held everything together,…
The End of G&L Guitars: How Leo Fender’s Second Company Went Bankrupt
The End of G&L Guitars: How Leo Fender’s Second Company Went Bankrupt … Read the original article here
Insolvent state-owned company in South Africa dishes out over R6.7 million in bonuses – BusinessTech
Executives of the embattled Road Accident Fund (RAF) gave themselves R6.74 million worth of performance bonuses in the 2024/25 financial year – with the controversial former CEO getting a comfortable R2.8 million bonus. This comes while the RAF, South Africa’s government insurer funded by a R2.18-per-liter fuel levy, is in severe financial and governance crisis.…
SAB Events & Governance Now Media Ltd. Initiates Insolvency Resolution Process
TipRanks Black Friday Sale SAB Events & Governance Now Media Ltd. ( (IN:SABEVENTS) ) has issued an update. SAB Events & Governance Now Media Ltd. has announced the initiation of a Pre-Packaged Insolvency Resolution Process (PPIRP) as per the regulations set by the Insolvency and Bankruptcy Board of India. This process, approved by the National…
Byju’s founder to appeal U.S. court order to pay over $1B in bankruptcy case
Byju Raveendran, the embattled founder of Indian ed-tech giant Byju’s, has blasted a U.S. bankruptcy court’s order directing him to pay more than $1.07 billion. He is denying wrongdoing, accusing lenders of misleading the court, and vowing to appeal a ruling that marks a dramatic fall for a onetime poster boy of India’s startup boom.…
Client Challenge
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Read the original article here