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Headlines
Thursday, January 29 2026
South Korean Supreme Court Expands Support for Small Business Owners' Bankruptcy, Rehabilitation
The South Korean Supreme Court announced on January 28 that it will expand support for litigation costs in personal bankruptcy procedures for small business owners, amid a surge in personal rehabilitation cases, Chosun.com…
Thursday, January 29 2026
Turkey Plans to Tighten Bankruptcy Rules After Rise in Filings
Turkey is planning to tighten access to bankruptcy protections after a surge in applications, as authorities seek to curb what they say is misuse of a key debt-restructuring tool, Bloomberg News reported. Draft proposals seen by…
Thursday, January 29 2026
DFS Secretary: IBC Has Been a Game-Changer, Transformed the Insolvency Landscape
The Insolvency and Bankruptcy Code (IBC) has been a game-changer and has transformed the insolvency landscape by fostering transparency, accountability and efficiency in corporate dispute resolution and laying the foundation of a…
