Chapter 11 plans contain various releases – some in favor of the debtor and some in favor of certain nondebtor third parties. While creditors ...

NCLAT Delhi held that CoC decision to liquidate the Corporate Debtor is acceptable as corporate debtor has no assets and thus CIRP Period only implies zero returns. Thus, adjudicating authority order ...

The Supreme Court of Appeal recently had to decided whether post-commencement creditors were entitled to the same voting ...

OKX Chief Marketing Officer Haider Rafique discusses the risks associated with the US Strategic Bitcoin Reserve.

Insolvency and Bankruptcy Board of India 4th February, 2025 This discussion paper has been prepared to address various operational challenges encountered in the Corporate Insolvency Resolution Process ...

Ritholtz Wealth Management started what would likely be a new sub-podcast more for corporate shareholders, real estate ...

It is generally well understood that an order of a U.S. bankruptcy court recognizing a debtor's foreign bankruptcy case as a "main" proceeding ...

Bankruptcy can discharge or restructure most credit card debt, but there are exceptions. For example, luxury purchases or cash advances made shortly before filing may be nondischargeable. Additionally ...

Speaking on Air Force One, Trump told reporters that Egypt and Jordan should accept the Palestinian refugees who would be displaced by the plan. "You're talking about probably a million and a half ...

On 21 January, Busy Bee Airways informed the NCLT of its decision to contest the liquidation, saying it intended to submit a resolution plan to take over the airline. Majority-owned by Nishant ...

India's National Company Law Tribunal (NCLT) has approved the liquidation of Go First (Mumbai International). The country's specialist bankruptcy court ruled in favour of a recommendation from the ...

Party City will soon close for good, so take advantage of these liquidation sales at still-open locations.