New Delhi [India], October 1 (ANI): Bharatiya Janata Party MP Baijayant Panda has been appointed as the Chairperson of the Select Committee of Lok Sabha on the Insolvency and Bankruptcy Code (Amendment) Bill, 2025.
Apart from Panda, 23 other MPs from various political parties have been appointed to the committee.
The committee includes BJP MPs D Purandeswari, CN Manjunath, Mitesh Patel Bakabhai, Anil Firojiya, Anand Kumar, Biplab Kumar Deb, Sanjay Jaiswal and Saumitra Khan, Congress MPs Karti P Chidambaram, Shreyas…
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Auto-parts maker’s lenders quickly put up $4.4B to avert bankruptcy liquidation Crain’s Detroit Business
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Starting a business, insolvency cited as key EoDB sticking points BusinessWorld Online
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The University of Texas at Austin student group “Let’s Crush Medical Debt” has helped eliminate $1.5 million in medical debt.
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Project delays and tax debt sink Waikato concrete firm Waikato Times
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Irish insolvency levels remain stable amid economic resilience.
Insolvency levels in the Republic of Ireland have remained consistent and well below historical averages over the past three years, according to PwC’s latest Insolvency Barometer.
The report, which analyses insolvency trends for the third quarter of 2025, highlights the continued resilience of Irish businesses despite domestic pressures and global uncertainties.
“Businesses should focus on their core strategies and cost bases while actively managing their working capital and cash positions”
PwC recorded 197 insolvencies in Q3 2025, a 22% decline from the 252 cases in Q2. This brings the…
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Embattled restaurateur’s second liquidation in five months The Press
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Members of Fountain Court have extensive experience of advising on company, restructuring and insolvency law issues.
Members are retained in actions involving rights and responsibilities under company law (including breaches of fiduciary and directors’ duties) and advise on corporate governance issues generally. They act in shareholder actions (including unfair prejudice petitions and derivative claims), complex company director disqualification proceedings and cross border merger schemes.
Many members also have experience of litigation arising out of corporate insolvency, including the conduct of Administrators, Receivers and Liquidators, and asset recovery proceedings. We act in applications and claims by insolvency…
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A broad group of First Brands Group LLC lenders “have worked at lightening-speed” to provide $4.4 billion of Chapter 11 financing that company advisers said will allow the auto-parts supplier to avoid liquidation after its rushed bankruptcy filing, according to court papers.
The lender group advised by law firm Gibson, Dunn & Crutcher LLP includes Beach Point Capital Management LP, Diameter Capital Partners LP, Redwood Capital Management LLC and UBS Asset Management (Americas) LLC, according to a Tuesday disclosure filed in Texas bankruptcy court. The group advised by Gibson Dunn includes dozens of firms, according to the court filing.
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Greater Noida: Project stalled for years gets new developer in Techzone 6 | Hindustan Times Hindustan Times
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Corporate insolvencies in Ireland remained relatively stable in the third quarter of 2025, according to PwC’s latest Insolvency Barometer, published today.
The report shows that insolvency activity has averaged 204 cases per quarter over the past three years, reflecting what PwC describes as the resilience of Irish businesses.
In Q3 2025, a total of 197 insolvencies were recorded, down 22% from the 252 reported in the previous quarter.
That brings the year-to-date total to 641, only slightly below the 660 insolvencies seen in the same period in 2024.
PwC forecasts that the full-year total will be in the region of 850, compared to 868 last year.
Ken Tyrrell, Business Recovery Partner at PwC Ireland, said: “Ahead of
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ANI |
Updated: Oct 01, 2025 20:46 IST
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78-year-old furniture chain closing, holding liquidation sale TheStreet