When the Insolvency and Bankruptcy Code was introduced in 2016, it replaced a fragmented web of recovery laws with a single economic logic: fast resolution would preserve value. Nearly a decade later, the Parliamentary Standing Committee on Finance has concluded that each of the Code’s core pillars, speed, certainty and creditor control, is now under strain.

Over 30,600 insolvency cases are pending before the National Company Law Tribunal, which operates with only about 30 fully functional benches. The Insolvency and Bankruptcy Board of India has recommended the creation of at least 50 additional NCLT benches to restore time-bound…

Germany is on course for the highest corporate insolvency count in more than a decade, raising fresh questions about the resilience of the nation’s largest listed companies — and the ETFs that track them.

The latest data from Creditreform, cited by Reuters, paints a sobering picture of deepening financial strain across Europe’s biggest economy. For investors in the iShares MSCI Germany ETF (NYSE:EWG) and the Global X DAX Germany ETF (NASDAQ:DAX), those stresses may soon become harder to ignore.

• iShares MSCI Germany Index Fund stock is trading near recent highs. What’s next for EWG stock?

Corporate Failures Hit 11-Year High

Creditreform predicts that about 23,900 German companies will go bankrupt in 2025, an increase of…

Americans are carrying record-high credit card balances right now, with collective credit card debt currently topping $1.23 trillion nationwide. As a result, the financial strain is being felt across every demographic. And, while the wider interest rate landscape is starting to shift in favor of borrowers, credit card APRs have remained stubbornly high, which is making it even…

Nation-leading program created by the Governor provides people who live and work in Maine a refundable tax credit for student loan payments of up to $2,500 annually

Governor Janet Mills announced today that her student loan relief program–one of the most generous in the nation–has provided more than $140 million in debt relief to Maine people with student loans since its creation three years ago.

In 2022, Governor Mills proposed — and the Legislature approved — a major overhaul of Maine’s student loan tax credit to make it more generous and easier to use and to help retain and attract young workers to Maine and encourage those here already to stay. Eligible Maine residents can be reimbursed through their state tax return for up to…

Nation-leading program created by the Governor provides people who live and work in Maine a refundable tax credit for student loan payments of up to $2,500 annually

Governor Janet Mills announced today that her student loan relief program–one of the most generous in the nation–has provided more than $140 million in debt relief to Maine people with student loans since its creation three years ago.

In 2022, Governor Mills proposed — and the Legislature approved — a major overhaul of Maine’s student loan tax credit to make it more generous and easier to use and to help retain and attract young workers to Maine and encourage those here already to stay. Eligible Maine residents can be reimbursed through their state tax return for up to…

Even though 2023’s Dead Space remake was a hit both critically and commercially, publisher EA apparently has “no plans” to develop another instalment in the series.

And perhaps even more revealing, there’s now talk of the company selling the horror IP off, in a bid to correct the debt that’ll inevitably envelop EA when its acquisition deal closes next year.

This is according to anonymous sources from within the publisher, as per Insider Gaming. Said sources are “hoping” that EA will want to move Dead Space on to a new owner.

Indeed, it sounds like Dead Space could be one of numerous properties to be leveraged; it’s described as being put “on ice”, suggesting that the publisher has no interest in continuing the franchise itself.

Just to…

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Following the announcement on 1 December 2025 by Minister of State for Courts and Legal Services Sarah Sackman KC MP, the Legal Aid Agency (LAA) is seeking to attract additional providers in the Housing and Debt and Welfare Benefits Categories of Law under the 2024 Standard Civil Contract (“2024 Contract”).

The Government announcement includes uplifting housing and immigration legal aid fees by 18 million a year – the first major civil legal aid fee increase since 1996. There are Housing and Debt and Welfare Benefits opportunities in the following areas:

• Barnsley
• Calderdale
• Cheshire
• City of Kingston upon Hull
• Doncaster
• East Riding of Yorkshire
• Hartlepool
• Herefordshire & Worcestershire
• Knowsley
• Leicestershire &…

Shares of Vedanta Ltd. gained as much as 2% on Thursday, December 4, to hit a 52-week high, the National Company Law Tribunal (NCLT) Kolkata gave its approval for the Anil Agarwal-owned mining conglomerate’s resolution plan for the acquisition of Incab Industries Ltd for ₹545 crore.

Vedanta will acquire 100% of the paid-up capital and management control of Incab. The same will be an all-upfront cash payment, from Vedanta’s internal accruals.

Vedanta plans to complete the acquisition as per the order, within 90 days of the resolution plan approval. The resolution plan was under the Corporate Insolvency Resolution Process, in accordance with the provisions of the Insolvency and Bankruptcy Code (IBC), 2016.

Incab Industries manufactures…