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Tuesday, October 28 2025
More Than 2,000 Jobs at Risk as Oil and Gas Company Enters Administration
More than 2,000 Scotland-based jobs are at risk as oil and energy services group Petrofac has applied for administration, Sky News reported. The group's operations will continue to trade, and options for restructuring of the…
Tuesday, October 28 2025
Canadian AI Business Seeks U.S. Recognition of Restructuring Case
Canadian artificial intelligence company 3MotionAI Inc. is seeking U.S. bankruptcy court recognition of its Ontario insolvency case and aims to halt a competitor’s noncompete litigation in Delaware, Bloomberg Law reported.…
Tuesday, October 28 2025
NCLT Declines Relief to Byjus, Refuses to Stay Aakash EGM on Rights Issue
The Bengaluru bench of the National Company Law Tribunal (NCLT) dismissed Byju’s parent Think and Learn’s plea for an interim stay aimed at stopping Aakash Educational Services from holding its extraordinary general meeting (EGM…
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