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Headlines
India Plans Special NCLT Bench for Cross-Border Insolvency Cases to Speed Up Resolutions
India plans to set up a special bench of the National Company Law Tribunal (NCLT) with trained manpower to handle cross-border insolvency cases once the new bankruptcy rules are notified, to fast-track proceedings, the Economic…
Major Hotel Chain Files for Insolvency as 125 Locations at Risk
A leading European hotel operator has entered insolvency proceedings, raising questions about the future of its properties across the continent, The Mirror reported. Revo Hospitality Group, previously known as HR Group, was…
Payments to Laurentian’s Creditors Began Flowing This Winter
Five years after Laurentian University declared insolvency in February 2021, some of the university’s creditors were paid what they were legally owed this winter, Sudbury.com reported. However, former LU employees fired during…