Dealing a fresh blow to JSW Steel in the Bhushan Power and Steel (BPSL) insolvency case before the Supreme Court (SC), the banks are now demanding that BPSL’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) should flow to creditors during the insolvency process. On July 31, India’s apex court allowed review petitions filed by…
International legal practice Osborne Clarke has recently advised on the compulsory liquidation of NRS Healthcare, a prominent national supplier of equipment crucial for patient care. The company, headquartered in Leicestershire, has been instrumental in providing essential tools such as wheelchairs, hoists, specialist beds, and fall-monitoring pendants to approximately 40 local authorities across England. These arrangements…
The National Company Law Tribunal (NCLT), Mumbai Bench, has approved a Rs. 185 crore resolution plan submitted by Geetanjali Sugar Private Limited in consortium with M/s G V Alurkar for the revival of debt-ridden Lokshakti Sugar & Allied Industries Ltd. The order paves the way for the takeover of the Solapur-based sugar manufacturer, which had…
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Lewis Hamilton-backed meatless UK restaurant chain falls into liquidation MSN Read the original article here
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A North Canterbury modular home builder has gone into liquidation, leaving behind more than NZ $1 million in debt and limited assets available to creditors. (main image: Modular units by Shape Construction wrapped and staged offsite. Source: Instagram.) New Zealand-based Shape Construction Ltd, located in Kainga, ceased trading in April after operating for 13 years.…
Is Ebuyer is no more? OC3D Read the original article here
By Ben Zigterman · August 7, 2025, 6:17 PM EDT A Delaware bankruptcy judge Thursday confirmed the Chapter 11 liquidation plan from the company that once owned conservative social media platform Parler after the debtor resolved an objection from its ousted… To view the full article, register now. Read the original article here
An error has occurred Your request was blocked by Link11 Web Application Security.If you believe this is the result of an error, contact the administrator of www.tipranks.com. ID: ad35532a1438a235eea2f0e12ea240bc, IP Address: 110.232.115.214, Status Code: 471Timestamp: 2025-08-07T21:59:53.212891250+00:00 Read the original article here