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BANKRUPTCY COURT
- Who is Rashee Rice? Why Kansas City Chiefs wide receiver filed for bankruptcy despite lucrative NFL contract
Rashee Rice, the Kansas City Chiefs wide receiver, filed for Chapter 7 bankruptcy on November 4, 2026. His debts totaled over $3.45 million...
‘They spent it all on minerals’: Fans turn to Hank Schrader jokes as ‘Breaking Bad’ star Dean Norris faces divorce and debtDean Norris, known for his role in Breaking Bad, is going through a divorce from wife Bridget Norris. The couple married in 2001 and has fi...
Outback Steakhouse Restaurant Closures 2026: Check full list of locations recently shut amid franchisee bankruptcyOutback Steakhouse has closed 10 locations across four US states due to financial difficulties of a franchisee. The franchisee, Out West Re...
'Breaking Bad' actor Dean Norris and wife Bridget Norris file for divorce as big financial trouble and insolvency issues loom large; all you need to knowActor Dean Norris and his spouse Bridget have initiated divorce proceedings in Riverside County, California, citing irreconcilable differen...
SpiceJet’s meltdown: Rs 5,500 crore raised, but where did the money go?SpiceJet's mounting financial crisis raises serious questions over the fate of more than Rs 5,500 crore raised in recent years, its unpaid ...
NCLAT sets aside insolvency proceedings against Polycab over Rs 2.78 crore duesNCLAT overturned the insolvency proceedings against Polycab India Limited, which originated from a claim by Asier Metals. The tribunal foun...
NCLT, NCLAT 'hijacked' by corporate affairs ministry: Supreme CourtThe Supreme Court expressed discontent with the Ministry of Corporate Affairs regarding appointments in the National Company Law Tribunals....
SC directs NCLAT, NCLT presidents to submit proposals on infrastructure, staff requirementsThe Supreme Court instructed the presidents of the National Company Law Appellate Tribunal and National Company Law Tribunal to submit prop...
A 127-room castle, a hotel and weddings until 2028: What the $72 million Oheka Castle deal that featured in Taylor Swift's Blank Space includesOheka Castle, the 127-room Long Island estate featured in Taylor Swift’s “Blank Space” video, has sold for $72 million at auction. Seven bi...
Trump administration student debt collection: Five ways borrowers can protect their paychecks from federal garnishmentMillions of Americans struggling with student loan debt may soon face renewed collection efforts from federal agencies. The Education Depar...
Don’t bank on RBI alone: The investor protection gap in India’s banking systemRBI imposes strict regulations on banks to ensure transparency for depositors and investors. However, listed banks often fail to provide ti...
Experts divided over Justice Kaul's criticism of ex-CJI Chandrachud's approach to judicial appointmentsSanjay Kishan Kaul has raised concerns regarding the judicial appointment approach of former Chief Justice D Y Chandrachud. Legal experts h...
Damon Dash, once one of hip-hop's biggest moguls, forced to sell off rights to his life story for just $550,000, amount set to help pay his $25 million debtDamon Dash, the co-founder of Roc-A-Fella Records, was forced to sell off the rights to his life story for $550,000. Everlasting Films emer...
In 2021, a Pennsylvania property was sold at a tax sale; one owner's notice challenge changed the case; what exactly happened?In order to sell the property, the Tax Claim Bureau petitioned the Delaware County Court of Common Pleas on January 20, 2021. The hearing t...
The Bond who came back from the dead: The risky world of AT1 bondsYes Bank AT1 bonds are back in the spotlight after the Supreme Court upheld the ruling invalidating their ₹8,415-crore write-off during the...
Supreme Court upholds Shree Naman Developers' acquisition of Bengaluru, Pune hotel under NCLT proceedingsThe Supreme Court has upheld insolvency proceedings against Gstaad Hotels and Neo Capricorn Plaza. This decision arises while clarifying th...
Getty Images files Chapter 11, Koch-backed restructuring targets year-endGetty Images has filed for Chapter 11 bankruptcy as part of its restructuring plans to go private. This decision follows the collapse of it...
NCLAT revives Walchandnagar Industries' insolvency plea against Swaraj India Agro on SC directionThe National Company Law Appellate Tribunal restored an appeal from Walchandnagar Industries against Swaraj India Agro. This restoration fo...
After teen suicide lawsuits, Character.ai enters bankruptcy—Why is Disney bidding $20 million for its technology?Character.ai said selling the company under court supervision would offer the best chance to protect value for its stakeholders. CEO Colin ...
Character.AI files for bankruptcy, agrees to sell some assets to Disney for $20 millionCharacter.AI said on Monday it had filed for Chapter 11 bankruptcy in the US and agreed to sell some of its assets to Walt Disney for $20 m...