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Thursday, May 14 2026
NCLT Allows Withdrawal of Insolvency Proceedings Against Noida Realtor
National Company Law Tribunal (NCLT) has allowed the withdrawal of corporate insolvency resolution process (CIRP) against Le Grandiose developer, Nobility Estates Private Limited, after lenders and the company’s ex-management…
Thursday, May 14 2026
Braskem Idesa, Creditors Near Deal for Bankruptcy Loan
Mexico’s Braskem Idesa SAPI and its creditors are nearing an agreement for a loan of around $250 million as part of a chapter 11 bankruptcy filing, Bloomberg News reported. The company and its advisers are racing to line up…
Thursday, May 14 2026
Private-Credit Blowup Leaves $1.7 Billion Missing, Six Ferraris Found
U.K. mortgage lender Market Financial Solutions left Barclays, HSBC and Apollo Global Management facing hundreds of millions of dollars in potential losses when it collapsed in February, the Wall Street Journal reported. Now,…
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