Bankruptcy
FTX Ad-hoc Grows To $700k In Claims As Community Prepares For Bankruptcy Vote
Crypto - Published date: .
The FTX Customer Ad-Hoc Committee has over 1,400 signups and $700,000 in claims. Read more
India's Airlines: Both Go First And Bankruptcy Laws Need A Rescue
Banking - Published date: .
Insolvent airline Go First will be a test of whether the country is ready to rebalance creditors' rights and shareholder... Read more
Go First's Suspended Board Files Caveats Before SC Against Aircraft Lessors
Banking - Published date: .
The suspended board of Go First on Tuesday filed caveats before the Supreme Court against four aircraft lessors of the c... Read more
Future Retail Receives Bids From 6 Applicants In Bankruptcy Resolution
Banking - Published date: .
Debt-ridden Future Retail Ltd said on Wednesday it had received bids from six applicants in its insolvency resolution pr... Read more
Vice Media Files For Bankruptcy, The Latest Digital Media Setback
Banking - Published date: .
Vice Media is filing for Chapter 11 bankruptcy protection, the latest digital media company to falter after a meteoric r... Read more
George Soros's Firm Among Top Bidders To Acquire Vice Out Of Bankruptcy
Banking - Published date: .
Vice's rapid downfall underscores the challenges facing digital media companies, which are struggling as advertisers cut... Read more
Go First Lessors Plea To Be Heard Monday
World - Published date: .
A bench led by Justices Ashok Bhushan and Barun Mitra will take up the petition filed by SMBC Aviation Capital, one of t... Read more
'Risky Jurisdiction': Aircraft Lessors Raise Alarm Over Go First Crisis
Banking - Published date: .
SMBC, along with firms such as Jackson Square Aviation and Bank of China Aviation, raised the alarm after a tribunal gav... Read more
Go Airlines Asks Firms's Tribunal To Urgently Pass Order On Bankruptcy Plea
Banking - Published date: .
Go Airlines asked country's company law tribunal to urgently pass an order on its insolvency plea, citing lessors' effor... Read more
As Indian Carriers Rake Up Hiring, Go First Insists On Notice Period
Banking - Published date: .
Announcing that the company is planning to revive shortly, CEO Kaushik Khona said, pilots will have to serve the six-mon... Read more
Banks Defer Meet, Await NCLT Order
World - Published date: .
Bankers are in a spot because a company that has been repaying on time will not come under a moratorium once admitted by... Read more
Go First Pilots Rush To Air India's Job Drive After It Files For Bankruptcy
Banking - Published date: .
Go First's announcement on Tuesday that it had filed for bankruptcy as demand for post-pandemic air travel in the world'... Read more
Hinduja Lone Bidder For RCap In Second Auction, Offers Rs 9,650 Cr
Banking - Published date: .
Upfront payment proposed; Torrent, Oaktree skip Read more
SVB Financial Files For Chapter 11 Bankruptcy Protection
World - Published date: .
Silicon Valley Bank, now under the control of the Federal Deposit Insurance Corp., isn’t part of the chapter 11 filing Read more
SVB Financial Group Files For Bankruptcy Protection Amid Crisis
World - Published date: .
Days after its the collapse and subsequent seizure of Silicon Valley Bank, its parent SVB Financial Group, has now filed... Read more
Air Miles Owner Goes Bankrupt, Plans Sale Of Program To BMO
World - Published date: .
The company has been grappling with dwindling liquidity and a loss of customers Read more
Suraksha Group's Takeover Of Jaypee Infratech Gets NCLT Approval
Banking - Published date: .
Suraksha Realty had made the winning bid of Rs 7,736 crore as against government-owned NBCC India's Rs 6,536 crore offer... Read more
NCLAT Rejects Plea Against McDowell Holdings' Insolvency Proceedings
Banking - Published date: .
The National Company Law Appellate Tribunal (NCLAT) has rejected a plea by the shareholders of McDowell Holdings Ltd, ch... Read more
RCap Resolution: NCLAT Allows Lenders' Plea For Another Round Of Bidding
Banking - Published date: .
The National Company Law Appellate Tribunal (NCLAT) on Thursday allowed a petition filed by lenders of Reliance Capital... Read more
SC Notice To CBI On Piramal Capital & Housing Finance Plea To Quash FIR
Banking - Published date: .
The PCHF contended that it cannot be saddled with the offences allegedly committed by the previous management prior to t... Read more