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Wednesday, March 11 2026
Seoul’s Aging Poor Driven Toward Bankruptcy by Living Costs
A growing number of residents in Seoul are falling into irrecoverable debt, with new city data showing that people in their 60s and older now make up the majority of personal bankruptcy applicants, The Korea Herald reported. Six…
Wednesday, March 11 2026
South Korean Courts Look to Write Off Crypto Debts to Avoid Personal Bankruptcies
Courts in South Korea will use a new set of guidelines in rehabilitation hearings to write off people’s crypto debts in an attempt to stop citizens from going bankrupt, DLNews.com reported. The new rules will see three courts,…
Wednesday, March 11 2026
NCLAT Junks Reliance Realty's Plea for Insolvency Against Altruist Customer Management
Corporate dispute appellate tribunal NCLAT has set aside an appeal filed by Reliance Realty seeking insolvency proceedings against Altruist Customer Management, the Economic Times of India reported. A three-member bench of the…
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