NCLAT Delhi held that application under section 9 of the Insolvency and Bankruptcy Code [IBC] is not maintainable due to pre-existing dispute between the parties. Accordingly, the appeal is dismissed.

The evolving insolvency landscape has significantly altered the legal and financial obligations of personal guarantors, ...

The ailing brand, which closed 7 of its 22 stores, may lean on its fast casual spinoff to weather the rising costs and waning ...

Regional airline Silver Airways of Fort Lauderdale has obtained more time to file its plan to exit Chapter 11 bankruptcy ...

Lydia Harris, the former wife of Death Row Records co-founder Michael “Harry-O” Harris, filed a lawsuit against Snoop Dogg, ...

Greenpeace’s 2016 and 2017 protest campaign against Energy Transfer’s Dakota Access Pipeline was one of the group’s most celebrated and ...

Endicott-based lithium-ion battery maker iM3NY LLC (and Imperium3 New York, Inc) filed a motion asking the US Bankruptcy ...

The company listed four reasons for the motion: dismissal of the Chapter 11 cases, exculpation of certain parties from liability in connection with the Chapter 11 cases, termination of the engagement ...

Attorney Rick Trahant, representing abuse survivors, said the case is dragging into its fifth year. He said they want to see ...

NEW ORLEANS (WVUE) - After nearly five years of mediation in federal bankruptcy court between the Archdiocese of New Orleans and hundreds of sex abuse survivors, some attorneys now want the case ...

Bankruptcy rumours resurface in Kim Soo Hyun's case with defamation suit against Kim Sae Ron's family and a YouTube channel ...

The trustee said Silver Airways lost almost half a million dollars in February, with losses ballooning to $1.2 million in ...