Harbour Club Amsterdam-Oost files for bankruptcy three years after explosion
Harbour Club Amsterdam-Oost files for bankruptcy three years after explosion | NL Times Skip to main content Read the original article here
Lifecare Advances Restructuring as German Subsidiary Enters Insolvency Proceedings – TipRanks
Lifecare Advances Restructuring as German Subsidiary Enters Insolvency Proceedings TipRanks Read the original article here
Legal Alert | Timor-Leste approves new Corporate Recovery and Insolvency Code – The Lawyer
Legal Alert | Timor-Leste approves new Corporate Recovery and Insolvency Code The Lawyer Read the original article here
Byju’s Lenders Discuss 30% Aakash Stake in Settlement Talks
Global lenders are negotiating to acquire a 30% stake in Aakash Educational Services to resolve a $1 billion loan dispute. This proposed settlement aims to clear legal hurdles surrounding Byju’s, which is currently undergoing insolvency proceedings. The deal seeks to redefine ownership of the coaching firm, a key asset in the edtech group’s portfolio. What…
Jaguar, Aston Martin among vehicles up for auction from RM1,300
Jaguar, Aston Martin among vehicles up for auction from RM1,300 | New Straits Times … Read the original article here
Firm behind planned EUR 67mn insect protein plant declared bankrupt – media
The newspaper said investors suffered losses of hundreds of thousands of euros after demand for insect protein failed to grow as expected. In late 2025, Divaks chief executive and shareholder Kęstutis Lipnickas said the company had streamlined its operations while waiting for demand to become sufficiently broad, stable and predictable. By the end of 2024,…
Kobo Biotech’s Revival Plan Approved by NCLT, Faces Ongoing Insolvency
Kobo Biotech Ltd’s resolution plan from Beaufond Industries has been approved by the NCLT. The company, however, remains non-operational and under insolvency proceedings, with a reduced net loss for FY24. FY 2023-24 Net Loss: (₹4.93) CroreFY 2022-23 Net Loss: (₹5.55) Crore Reader Takeaway: Insolvency proceedings continue despite NCLT approval of a revival plan; operations remain…
Red Lobster’s endless-shrimp promotion was a ‘car crash,’ lawsuit says
The exterior of a Red Lobster restaurant on May 20, 2024 in Austin, Texas. Red Lobster has filed for Chapter 11 bankruptcy protection after a failed lease-back agreement and “endless shrimp” promotion backfired against company revenue. Brandon Bell | Getty Images Restaurant chain Red Lobster’s “Everyday $20 Ultimate Endless Shrimp” offering was described as a…
IBC Shifts Toward Early Settlements: Why This Matters For Lenders
India’s Insolvency and Bankruptcy Code (IBC) is increasingly resolving debt disputes through early settlements rather than prolonged court battles. For investors, this behavioral shift suggests faster recovery rates for lenders and improved asset quality, potentially reducing the drag of long-term bad loans on banking stocks. What Happened The Insolvency and Bankruptcy Code (IBC) is changing…
Beyond the big numbers: How IBC is encouraging early settlement and better recoveries
The numbers tell an important part of the story. By March 2026, nearly 9,000 corporate insolvency cases had been admitted under the IBC, with about 1,419 companies were rescued through approved resolution plans. But running parallel to these headline figures is a silent success story. Thousands of cases have ended not in a formal resolution,…