A judge has extended a pause on legal battles involving Puerto Rico's electric utility as it negotiates with bondholders to reduce its debts. This decision comes as the utility works to address its financial challenges.
A judge announced on Monday that a court ruling potentially eliminating any recovery for Yellow Corp. shareholders contained an error. This mistake may lead to a reversal of a critical decision against the bankrupt trucking company.
 "Byju’s faces a shocking bankruptcy ruling in the U.S., conflicting with ongoing insolvency proceedings in India, igniting creditor disputes.")
Byju’s, the Indian ed-tech giant, faces a surprising US court ruling that placed its subsidiaries into involuntary Chapter 11 bankruptcy due to non-compliance with creditor demands. This decision impacts companies like Neuron Fuel Inc. and Epic! Creations Inc., conflicting with ongoing insolvency proceedings in India. Byju’s Interim Resolution Professional, Pankaj Srivastava, is seeking to halt ...
 "Byju’s Bankruptcy Drama: Lenders’ Fight for 3 Million Amid Allegations")
Byju’s, the education technology company, is facing major financial challenges as US lenders push for over $1.2 billion in repayments amid ongoing insolvency proceedings in India. A court official in India removed these lenders from a key creditors committee, hampering their influence in the repayment plan. The lenders accused the official, Pankaj Srivastava, of unfair ...
Red Lobster is facing tough times as the popular seafood chain announces the closure of several locations and prepares to file for bankruptcy. The company’s financial struggles have forced it to make the difficult decision to shutter some of its restaurants. Customers and seafood lovers alike are left wondering what the future holds for the ...
Wall Street has scored a victory amid the chaotic FTX bankruptcy proceedings. The financial hub managed to navigate the messy situation and come out on top. The outcome of the bankruptcy seems to have given a boost to the stock Market, showing the resilience of Wall Street in the face of uncertainty. Click to Claim ...
US Healthcare landlord Medical Properties Trust is facing regulatory concerns after its largest tenant, Steward Health, filed for bankruptcy. The move has sparked worries among investors and industry experts about the stability of the healthcare real estate Market. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of This ...
