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Headlines

Friday, March 20 2026

U.S. Extends Protection of Venezuela-Owned Citgo from Creditors

The United States has extended a license that protects Venezuela-owned refiner Citgo Petroleum ​from creditors through May 5, according to a posting on ‌Thursday on the Treasury Department's website, Reuters reported. The…

Friday, March 20 2026

Argentina Wins Discovery Stay in $16 Billion YPF U.S. Court Case

Argentina won an order blocking holders of a US$16.1-billion US judgment against it from seeking information on seizable assets until a federal appeals court in New York rules on the nation’s challenge to the award, Bloomberg…

Friday, March 20 2026

Misuse of Insolvency and Bankruptcy Code by Loan Defaulters Has Tendency to Badly Impact Economy: HC

A bench of Justices Manish Pitale and Shreeram Shirsat, in an order passed on Wednesday, said such strategies by loan defaulters frustrate the very objective of the IBC and paralyse the whole process of lawful steps taken by…