The Supreme Court in India on Friday agreed to hear on Monday an appeal by U.S.-based Glas Trust Co. against Aakash Educational Services' move to conduct a rights issue that would reduce Byju's parent Think & Learn's stake from 25.75% to below 5%, the Economic Times reported. Glas Trust, a U.S.-based lender to Think & Learn and a member of its committee of creditors (CoC), has moved the top court, challenging a National Company Law Appellate Tribunal's order that refused to stay Aakash's EGM on October 29.

A virtual hearing between Victory Shipping Pte Ltd. and Integr8 Fuels Pte Ltd., organised by the High Court of the Republic of Singapore, is scheduled to take place on Tuesday (14 November), the Manifold Times reported. The event is to set aside a statutory demand served on 3 October 2025 by Integr8 Fuels lawyers under Section 125(2)(c) and Section 10 of the Insolvency, Restructuring and Dissolution Act 2018 (IRDA) against Victory Shipping, according to court documents obtained by the bunkering publication.

The Rose Bay investment property of bankrupt hospitality entrepreneur Jon Adgemis has been sold for $12 million, after nearly two months on the market, according to a now-removed listing on the Cotality website, the Greek Herald reported. The six-bedroom, five-bathroom home, purchased by Adgemis and his mother Rose in 2018 for $4.45 million, had been occupied by family members. Adgemis’ bankruptcy trustee, Andrew Yeo of Pitcher Partners, has advised that an update to creditors is expected in early November.

A new study by the Indian Institute of Management (IIM)-Indore has found that corporate bankruptcies can have far-reaching consequences beyond the failed firms themselves — potentially destabilising even financially healthy companies within the same industry, the Free Press Journal reported. Published in the reputed journal Finance Research Letters, the study, titled “Bankruptcy Spillovers and Stock Price Crash Risk of Non-Bankrupt Firms,” is co-authored by Prof. Radha Mukesh Ladkani of IIM-Indore.