Home Business Big relief to Vodafone-Idea amid insolvency threat as govt mulls options on Rs 840000 crore debt, says only two ways to… The Union government sees two only methods to help save Vodafone-Idea (Vi) from insolvency. (File) In a major relief for Vodafone Idea (Vi)– India’s third-largest telecom services provider– the Central government is…
Earlier in April, as many as 25 companies shared their interest in acquiring Jaiprakash Associates Ltd ( JAL ). Apart from this, earlier this month, lenders of JAL extended the deadline for submission of resolution plans to June 24 following the request of prospective bidders. Read the original article here
The recent decision by the full bench of the Gauteng Division of the High Court in Ellison v Breytenbach N.O and Another (A278/2022) [2025] ZAGPPHC 565 (5 June 2025) sheds light on how South African courts handle the recognition of foreign insolvency judgments. The appellant was declared bankrupt in the UK in 2000 (UK bankruptcy…
SEATTLE – The city of Cle Elum, Washington, filed for bankruptcy Tuesday after failing to reach a deal with a developer over a $26 million debt stemming from a legal dispute over a long-delayed housing project. In a declaration with the U.S. Bankruptcy Court for the Eastern District of Washington, Cle Elum Mayor Matthew Lundh…
Roberts Co Tycoon Andrew Roberts has proposed a deal for his collapsed building empire that will see him tip in about $20m to pay staff, but some tradies and larger creditors are likely to be short-changed in the fallout from the construction company’s insolvency. The son of Multiplex founder John Roberts will exit his costly…
The deadline to submit bids for Jaiprakash Associates under the bankruptcy process ends today, marking a crucial step in one of the most closely tracked insolvency cases in recent times. With over ₹57,000 crore in debt at stake, lenders are hoping that serious bidders will now come forward after earlier deadline extensions. Sources told CNBC-TV18,…
A United States home improvement company has filed for bankruptcy. The company has been around for about four decades, although business has slowed in recent years. TheStreet reports how Gardener’s Supply Company — a Burlington, Vermont-based company that claims to be 100 percent employee-owned — filed in the U.S. Bankruptcy Court for the District of…
The Insolvency Company expands across the South West Insider Media Ltd Read the original article here
Former Premier League footballer Lee Clark has been declared bankrupt, putting his £2 million Jesmond mansion and other valuable assets at risk of being seized. The 52-year-old former midfielder, who played for Newcastle United, Sunderland and Fulham during his career, could see his bank accounts and savings earmarked to pay unsecured creditors if the debt…
The ex Three Lions star did have a stint north of the border in the twilight of his career England squad in 1988 with Chris Waddle back left Former England star Chris Waddle revealed how he never got the offer from Rangers he wanted – but did snub an opportunity to join Celtic. The ex…