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Headlines
NCLAT Sets Aside Insolvency Proceedings Against Mahagun, Asks NCLT to Hear Again
A two-member bench of the appellate tribunal said the NCLT should have taken into consideration the directions issued by the Supreme Court in the Mansi Brar Fernandes case, where it was held that real-estate insolvency should be…
Idagio Rescued by Insolvency Deal
The pioneer streaming platform Idagio has applied to Berlin’s Charlottenburg Court to approve its self-administered insolvency, SlippedDisc.com reported. The plan is said to ensure the continuation of IDAGIO’s classical music…
Analysis: Private Lenders Move Risk Extend-and-Pretend Path to Bankruptc
Private credit lenders are easing loan terms on existing deals in hopes of staving off costly restructurings, at the risk of an extend-and-pretend dynamic that masks deeper economic strains, Bloomberg Law reported. Their effort…
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