Bankruptcy Code tweak to lift freeze on idle waves unlikely – The Economic Times

New Delhi: The government is unlikely to tweak the Insolvency and Bankruptcy Code (IBC) to lift the moratorium on idle spectrum in insolvency resolution cases involving telecom companies, people familiar with details said. The government last month tweaked the IBC rules to exempt production and revenue-sharing contracts, exploration licences and mining leases of insolvent petroleum…

Bankrupt US partner of Hanmi hands over oral drug discovery platform tech to Hong Kong firm – KBR

Assets related to Hanmi Pharm’s platform technology Orascovery, an oral drug discovery platform technology, will be transferred to C-Mer Eye Care Holdings, a Hong Kong-based healthcare company. Hanmi’s U.S. partner, Athenex, which declared bankruptcy, transferred its assets, including Orascovery, to C-Mer Eye Care Holdings. Athenex, Hanmi’s U.S. partner, which declared bankruptcy in May, recently signed…

India's Go First airline seeks investor interest as part of insolvency … – Reuters

BENGALURU, July 10 (Reuters) – India’s Go Airlines (India) Ltd has invited investor interest in the company through a court-appointed administrator as part of the carrier’s ongoing insolvency process, a newspaper advertisement showed on Monday. The process of inviting an Expression of Interest (EoI) signifies the formal commencement of seeking buyers or investors for a…

I lost everything to online gambling. A national self-exclusion register might save others – The Guardian

I have been waiting for this day; waiting for almost five years for the federal governments national gambling self-exclusion register, BetStop, to be open for business. In November 2018 I met with former communications minister Paul Fletcher and he used my story to announce the creation the register. At that point, I had been made…

'Racist Karen' who unleashed tirade for 'not knowing what Hermes' is was declared BANKRUPT in 2019 – Daily Mail

‘Poolside Karen’ and mom-of-two who unleashed a racist tirade against a Latino family for ‘not knowing what Hermes’ is was declared BANKRUPT in 2019 and had just $120 to her name Blair Featherman, 49,  launched into the rant at her luxury apartment complex She called the group ‘trash’ and said they should ‘go back down to Denver’…