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Headlines
Friday, May 29 2026
Report: Insolvency Recoveries in India Nearly Halve in FY26 due to Rising Delays
The recoveries under the Insolvency and Bankruptcy Code (IBC) against admitted claims nearly halved in FY 2025-26 to 23 per cent from 46 per cent in the preceding financial year due to rising delays, a report said on Thursday,…
Friday, May 29 2026
Judge Lambasts Two-Time Artificial Intelligence Misuse by Global Firm Pinsent Masons
UK Insolvency and Companies Court judge Mark Mullen has lambasted global firm Pinsent Masons over twice misusing artificial intelligence in its work, CanadianLawyerMag.com reported. The judge called out London-based partner…
Friday, May 29 2026
First Abu Dhabi Bank Faces Insolvency Risk Over 60 London Properties Linked to MFS Collapse
First Abu Dhabi Bank is at risk of being pulled into insolvency proceedings tied to 60 London property companies connected to the collapse of mortgage lender Market Financial Solutions, TradersUnion.com reported. The exposure…
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