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BANKRUPTCY PROCEEDINGS
NCLT declares Videocon promoter Venugopal Dhoot bankrupt on SBI plea; appoints bankruptcy trusteeThe National Company Law Tribunal (NCLT), Mumbai Bench, has declared former Videocon Industries promoter and director Venugopal Nandlal Dho...- ‘Breaking Bad’ star Dean Norris lists his 11-acre ranch with a horse barn and orchard for $3,199,267, almost double what he paid in 2014Actor Dean Norris has put his sprawling Temecula estate on the market for $3,199,267 amid his ongoing divorce. The property, encompassing 1...
- ‘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...
- Zee draws line between CBI probe against Subhash Chandra and its businessZee Entertainment Enterprises has clarified that an Enforcement Case Information Report (ECIR) registered against founder Subhash Chandra i...
- 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...
- A $40 million restoration couldn’t save this historic castle from bankruptcy. Now it has sold for $72 million - Here’s the real estate lessonOheka Castle’s $40 million restoration brought the historic Long Island estate back to life, but it couldn’t prevent its owner from facing ...
- 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...
- 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...
- 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...
- OpenAI’s IPO dream may shatter with distress sale to MSIn a recent discussion, Gary Marcus raised critical flags about OpenAI's fiscal responsibilities as the stock market faces instability. He ...
- Experts hail SC ruling on creditor’s claim in insolvency-linked dispute between two Bengaluru firmsThe Supreme Court has ruled that a creditor whose claim was largely extinguished under an insolvency resolution plan can still use it as a ...
- 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...
- Polycab shares tumble 5% as stock set to exit F&O segment from December 30 onwards. Here's whyPolycab India shares dropped over 5% after the NSE announced its exclusion from the F&O segment from December 30. The move follows insolven...
- Polycab India’s F&O exit: NSE sets December 30 deadline; NCLAT stays insolvency orderNSE will remove Polycab India from the equity derivatives segment from December 30, 2026, with existing contracts available until expiry. S...
- Oheka Castle auction set for October 27: Why the ‘Great Gatsby’-linked mansion where Taylor Swift filmed ‘Blank Space’ is going up for saleOheka Castle, the historic Long Island mansion linked to The Great Gatsby and featured in Taylor Swift’s “Blank Space” music video, is head...
- NCLT rejects Uniton Infra insolvency plea against Shapoorji Pallonji over Rs 4.31 crore claimThe National Company Law Tribunal rejected Uniton Infra’s plea seeking insolvency proceedings against Shapoorji Pallonji & Co over an alleg...
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