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BANKRUPTCY EXIT PLAN
Jaypee Golf Club members in Noida seek clarity as Adani takeover of JAL nearsJaypee Golf Club members face uncertainty as Jaiprakash Associates' insolvency nears conclusion. Members demand clarity from the Resolution...- Red Lobster Tallahassee closure: Is America’s oldest Red Lobster shutting down forever? Tallahassee’s iconic 56-year restaurant closes May 24 — final chance for Cheddar Bay BiscuitsRed Lobster restaurant 2026 closing list near me: After 56 years of service, Red Lobster's longest-running U.S. location shuts its doors th...
- Only Ambuja in fray for Jaypee Cement, submits Rs 580 crore bidIn a surprising turn of events, Ambuja Cements, part of the Adani Group, has put in a bid of Rs 580 crore for Jaypee Cement. However, this ...
- Summer travelers who relied on Spirit Airlines may struggle to find budget alternativesSpirit Airlines has ceased operations, leaving many Americans struggling to find affordable flights. Rising jet fuel costs, inflation, and ...
- Warren Buffett's framework for finding businesses to invest : The ‘Shiftless Nephew test’Warren Buffett once revealed a brutally simple test for separating great businesses from merely good ones: Could you put a lazy, not-too-sm...
- Why are JetBlue and Frontier share prices up today? JetBlue and Frontier shares rise after Spirit shutdown creates growth opportunityWhy are JetBlue and Frontier share prices up today? Shares of JetBlue Airways and Frontier Airlines increased in premarket trading after Sp...
- Spirit Airlines shutting down: why did Spirit Airlines fail and how to get your refunds right nowSpirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carri...
- US stock today | Spirit Airlines prepares to cease operations after bailout plan falls apart: ReportSpirit Airlines is reportedly nearing operational shutdown after failing to secure a bailout plan involving bondholders and the U.S. govern...
- US considers using Defense Production Act in Spirit Airlines restructuring, source saysThe US government is exploring options to support Spirit Airlines. The Defense Production Act may be used to provide financial assistance. ...
- Omkara, Oaktree pay Rs 1,200 crore to buy GTL debt from EdelweissOmkara Asset Reconstruction Company and Oaktree Capital Management have acquired GTL Infrastructure's debt. The deal, valued at ₹1,200 cror...
- Spirit Airlines to stop operations due to fuel prices hike? Check flight fares refund options, bankruptcy exit plansSpirit Airlines flights to be grounded soon? That's the question that has been doing the rounds after the company's bankruptcy exit plan is...
- Govt plans to rationalise filing framework under companies lawThe Corporate Affairs Ministry is embarking on an initiative to streamline company law filings, merging various forms into a more user-frie...
- After 15-year wait, JAL homebuyers pin hopes on Adani plan for long-delayed homesHomebuyers who booked properties 15 years ago with Jaiprakash Associates Limited (JAL) are anticipating possession following the Supreme Co...
- PG&E Corp preparing $11 billion debt financing: InvestorSchultze’s company is serving as one of the participants in the company’s financing plan
- Lyondell gets court nod to exit bankruptcyThe bankrupt petrochemicals major LyondellBasell, which was the target of a failed takeover attempt by Reliance Industries recently, today ...
- Reader's Digest delays exit from bankruptcyThe publisher of one of the world's most widely-circulated magazines Reader's Digest has decided to postpone its exit from bankruptcy prote...
- Delphi emerges from bankruptcyThe exact details of the plan have not been publicly disclosed. Delphi is now a privately held company and doesn't have to reveal financial...
- GM plan gets green signal; may exit bankruptcy soonGeneral Motors has received the approval for its restructuring plan from the US Court, paving the way for the auto maker to steer itself ou...
- GM accepts responsibility for built vehiclesTroubled US automaker GM has accepted to maintain its legal responsibility for vehicles it has built in the past, according to legal docume...
- Pre-packaged bankruptcies are the flavour of a tight marketThe days when troubled companies could spend years fixing their problems in bankruptcy court are fast evaporating.
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