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TRUSTEES IN BANKRUPTCY
Byju's lenders seek 30% stake in Indian education group in settlementByju's operated in more than 21 countries at one point and became popular during the COVID-19 pandemic by offering online courses. But it...- Uber India head ends trip; Amazon CEO on India opportunityUber's India head Prabhjeet Singh has stepped down after 11 years at the platform. This and more in today's ETtech Top 5.
- IBBI issues new guidelines to speed up appointment of insolvency professionalsThe Insolvency and Bankruptcy Board of India has released new rules for insolvency professionals. These guidelines aim to speed up appointm...
- Vijay Mallya slams Indian banks, says they should be ‘ashamed’ over recovery transparencyFugitive businessman Vijay Mallya has criticized Indian public sector banks for allegedly withholding details of asset recoveries. He state...
- Vijay Mallya discontinues bankruptcy annulment application in UKVijay Mallya has stopped his attempt to cancel a UK bankruptcy order. This allows the Trustee in Bankruptcy to continue seeking assets. The...
- NCLT declares ex-DHFL chairman Kapil Wadhawan bankrupt over ₹4,546 crore duesThe NCLT Mumbai has declared Kapil Wadhawan, the former chairman of DHFL, bankrupt following a petition by Union Bank of India to recover ₹...
- NCLT admits personal insolvency application against Kishore BiyaniThe admission of the application by the National Company Law Tribunal (NCLT) ensures moratorium on transactions of personal assets of the g...
- IBBI prepares list of 400 insolvency professionals for easy pickingsIn a first for the country's bankruptcy resolution regime, the insolvency regulator has prepared a "common panel" of 400 insolvency profess...
- US government appeals approval of Voyager sale to Binance.USWiles disagreed, saying that Voyager and its employees should not be penalized for carrying out a court-approved sale to Binance.US. If the...
- US government appeals approval of Voyager sale to Binance.USU.S. Bankruptcy Judge Michael Wiles, who is overseeing Voyager's Chapter 11 bankruptcy process, had approved Voyager's restructuring plan, ...
- FTX points to cost, cyber risk as it opposes independent bankruptcy investigationFTX attorney James Bromley at Monday's hearing told Judge John Dorsey, who is overseeing the crypto exchange's Chapter 11 case, that the pr...
- US justice department watchdog seeks independent review of FTX bankruptcyThe DOJ's Office of the US Trustee said in a filing in Delaware bankruptcy court that it did not question John Ray's competence or earnestn...
- After 14 years, Lehman Brothers' brokerage ends liquidationLehman Brothers Holdings Inc, the brokerage's parent, had been Wall Street's fourth-largest investment bank before filing what remains by f...
- After 14 years, Lehman Brothers' brokerage ends liquidationU.S. Bankruptcy Judge Shelley Chapman in Manhattan closed the brokerage's estate on Wednesday and awarded final payments to the trustee who...
- Mallya family to hold on to plush London homeRose Capital Ventures (RCV), a British Virgin Islands firm linked to the Mallya family trust which owns the Cornwall Terrace property in ce...
- Pramod Mittal’s bankruptcy case in UK gets extendedBillionaire steel magnate Lakshmi Mittal’s younger brother Pramod Mittal was due to be automatically freed from bankruptcy in Britain. But ...
- Involuntary bankruptcy case against Trinity Coal filed"Trinity's current management has failed to negotiate with Trinity's creditors," Credit Agricole said in its court papers.
- Barclays faces trial on Lehman claim of $11-bn windfallBarclays faces a trial over claims by Lehman Brothers Holdings that it should pay as much as $11 billion to the bankrupt firm for the “wind...
- US Cong to examine Madoff case on next MondayA Manhattan bankruptcy judge will hear a request by the trustee overseeing the liquidation of Bernard Madoff's investment firm for a $28 mi...
- Madoff liquidation trustee seeks $28 mn for costsA trustee presiding over the liquidation of Bernard Madoff's investment firm says he plans to spend $28.1 million on employee salaries and ...
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