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Tuesday, February 24 2026
Mahagun Gets Insolvency Relief as NCLT Clears Settlement with IDBI Trusteeship
Mahagun Group has entered into a settlement with IDBI Trusteeship Services that had initiated insolvency proceedings against the real estate developer, giving hope to homebuyers associated with its ongoing project in Noida, the…
Tuesday, February 24 2026
Azul Successfully Completes Its Financial Restructuring Under Chapter 11
The financial restructuring process of Azul under Chapter 11 of the United States Bankruptcy Code reached its conclusion on February 20. Following the full repayment of the DIP (Debtor-in-Possession) financing and the settlement…
Tuesday, February 24 2026
Hainsberg Paper Mill in Germany Files for Insolvency Again
A paper mill in Hainsberg in the German state of Saxony has once again entered insolvency proceedings. On 5 February 2026, the Dresden District Court appointed lawyer Susanne Berner from the law firm Dr Berner & Partner…
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