AC Milan owner Gerry Cardinale feels that Inter Milan “went bankrupt” after winning the Serie A title, which he wants to avoid.
The Rossoneri owner and US businessman, founder of RedBird Capital, aimed a shot at his team’s city rivals while speaking to Harvard Business School in a case study on Milan.
Cardinale has been the owner of AC Milan for over two years now.
The US businessman took over the Rossoneri in the summer of 2022.
During Cardinale’s time at the helm, there have been some ups and downs. And naturally, he has crossed paths with Inter on quite a few occasions.
On the pitch, the derby rivals have gone head to head on numerous occasions. This included a two-legged Champions League semifinal tie.
Inter went…
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Elon Musk ‘warns’ at Donald Trump’s cabinet meeting: America will go bankrupt, if we don’t … The Times of India
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The case of SBP 2 S.À.R.L v 2 Southbank Tenant Limited [2025] EWHC 16 (Ch) highlights the importance of careful drafting and robust legal advice when looking to forfeit a lease.
2 Southbank Tenant Limited is a WeWork company and the tenant in this claim. WeWork Companies LLC was a guarantor of the lease covenants. The guarantor company was essentially split following a restructuring under Delaware law, with the pre-split company referred to as the ‘dividing company’, and the two resulting corporate entities that emerged as the ‘surviving company’ and the ‘resulting company’. The ‘surviving company’ then filed a petition under chapter 11 of the United States Bankruptcy Code.
The landlord, SBP…
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One in five students using loans to fund problem gambling The Times
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Coffee Day Enterprises stock jumps 20 pc after NCLAT sets aside insolvency proceedings MSN
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Coffee Day Enterprises stock jumps 20 pc after NCLAT sets aside insolvency proceedings MSN
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‘As bad as it gets’: hospitality sector bears brunt of insolvencies The Australian
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CDEL is the parent company of Coffee Day Group which operates the Cafe Coffee Day chain of coffee houses. File
| Photo Credit: Reuters
Shares of Coffee Day Enterprises, which owns the Cafe Coffee Day chain, on Monday (March 3, 2025) jumped 20% to hit its upper circuit limit after the National Company Law Appellate Tribunal (NCLAT) set aside the insolvency proceedings against the company.
The stock of Coffee Day Enterprises Limited (CDEL) zoomed 19.97% each to ₹25.65 and ₹25.53 apiece — also its 52-week high — on the BSE and National Stock Exchange (NSE), respectively.
In the past four consecutive sessions, the stock has been…
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** Shares of Coffee Day Enterprises 
COFFEEDAY rise to an exchange-allowed maximum of 20% to 25.5 rupees after National Company Law Appellate Tribunal sets aside insolvency process initiated against the coffee chain
** Stock exchanges last year suspended trading of co’s shares under additional surveillance measures as part of the Insolvency and Bankruptcy Code
** Stock only trades every Monday or the first trading day of the week
** More than 3 mln shares traded, 5.7 times the 30-day avg
** Stock lost 48% since August 2024 when National Company Law Tribunal initiated insolvency proceedings against co
** Stock up 12.9% so far this year
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NEW DELHI: Shares of Coffee Day Enterprises, which owns the Cafe Coffee Day chain, on Monday jumped 20 per cent to hit its upper circuit limit after the National Company Law Appellate Tribunal (NCLAT) set aside the insolvency proceedings against the company. The stock of Coffee Day Enterprises Ltd (CDEL) zoomed 19.97 per cent each to Rs 25.65 and Rs 25.53 apiece — also its 52-week high — on the BSE and National Stock Exchange (NSE), respectively.
In the past four consecutive sessions, the stock has been locked at five per cent lower circuit.
The market is trading in the negative territory with the BSE Sensex declining 360.20 points or 0.49 per cent to 72,837.90, while NSE Nifty slipped 103.05 points or 0.47 per cent to 22,021.65.
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