Spirit pilots appeal to lenders to back airline’s overhaul in bankruptcy, reject liquidation – Sun Sentinel

In an unusual appeal, the unionized pilots of Spirit Airlines have written to the company’s bondholders to urge them to continue backing the company’s reorganization in bankruptcy court, and to reject a liquidation “that would destroy South Florida’s hometown airline.” The open letter, written on behalf of the Spirit contingent of the Air Line Pilots…

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CIRP Regulations (IBC): 7th Amendment – Disclosure Of Beneficial Ownership And 32A Eligibility – Insolvency/Bankruptcy

Insolvency and Bankruptcy Board of India (IBBI) on 22nd December 2025, amended the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations (CIRP Regulations) to introduce sub-regulation 3A to existing regulation 38 (Amendment). In this regard, IBBI had on 6 November 2025 published a discussion paper, inviting public comments on draft formats for declaration of beneficial…