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Tuesday, May 19 2026
Magnicharters Begins Insolvency Proceedings in Mexico
Mexican airline Magnicharters has initiated insolvency proceedings in an effort to maintain operations after suspending flights and facing prolonged financial strain, according to aviation authorities, MexicoBusiness.news…
Tuesday, May 19 2026
Evergrande Liquidators Seek $8.4 Billion from PwC, Accusing It of Negligent Audits
Liquidators for Evergrande Group, the failed Chinese property giant, are seeking 57 billion yuan ($8.4 billion) in damages from PwC, accusing it of being negligent in its auditing work, a Hong Kong court was told on Monday,…
Tuesday, May 19 2026
NCLAT Upholds Separate Insolvency Processes for Videocon Industries and Videocon Oil Ventures
Appellate tribunal NCLAT has upheld separate insolvency proceedings for two Videocon group entities -- Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL) -- while setting aside an earlier NCLT order that had…
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