Insolvency processes are by definition resource-constrained environments, so artificial intelligence (AI) tools that enhance efficiency and reduce delay and cost (and ultimately improve creditor returns) are naturally a welcome development. The potential for efficiency gains via AI use in insolvency processes and restructurings more generally is significant. This brings with it the opportunity to address…
Insolvency Service launches new strategy to tackle economic crime Insider Media Ltd Read the original article here
Modern Citizens’ advertising division goes into liquidation Campaign Read the original article here
By Sophia Dourou ( July 16, 2025, 4:34 PM BST) — The Insovency Service on Wednesday announced an expansion of its enforcement remit in order to play a more prominent role in the fight against corporate crime…. Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving…
BYJU’s founders preparing to file over USD 2.5-billion suit against Glas Trust, others Deccan Herald Read the original article here
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Ashok Bhushan (Judicial Member) and Mr. Barun Mitra (Technical Member) has held that the amount paid by the co-applicant of the corporate debtor during the Corporate Insolvency Resolution Process (CIRP), from an account other than that of the corporate debtor, cannot be directed…
Reopening Case Reserved For Orders Without Hearing Affected Party Violates Principle Of Audi Alteram… Live Law Read the original article here
Trencor to delist following successful fulfillment of liquidation condition IOL Read the original article here
Customers left without orders and staff locked out as major Australian furniture company collapses MSN Read the original article here
The Insolvency Service has announced plans to play a more prominent role in the fight against economic crime and be recognised as the UK’s leading authority in enforcing corporate and insolvency standards. Its new strategy commits the agency to broadening its remit, taking “robust” action against criminals who defraud businesses and taxpayers, and using AI…