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A-&-P, 1-2-3: Two Wins And One Quagmire From Recent Preference Decision - Insolvency/Bankruptcy

In January 2024, the United States Bankruptcy Court for the Southern District of New York issued an opinion in the The Great Atlantic & Pacific Tea Company, Inc. bankruptcy case that tackled three fascinating preference-related issues.
New York United States United States Bankruptcy Court Creditor Committee Bankruptcy Court Great Atlantic Pacific Tea Company Inc
Source: mondaq.com

Kentucky man says police violated Fourth Amendment by searching his backpack during arrest

The Petitions of the Week column highlights a selection of cert petitions recently filed in the Supreme Court. A list of all petitions weโ€™re watching is available here. The Fourth Amendment generally bars police from searching people or their property without a warrant. The Supreme Court has made a
United States William Benbury Kalvis Golde Us Court Department Of Defense Kentucky Supreme Court

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NFAC Can't Sustain Invocation Of Penalty Proceedings Based On Their Own Failure To Lodge Claim Under IBC Within Time: Delhi High Court

The Delhi High Court has held that the National Faceless Assessment Centre (NFAC) cannot sustain invocation of penalty proceedings based on their own failure to lodge a claim under the Insolvency and...
Justice Purushaindra Kumar Kaurav Justice Yashwant Varma Rohit Tiwari Delhi High Court Committee Of Creditors Supreme Court
Source: livelaw.in

Dream11 gets relief from Insolvency Resolution Process

The National Company Law Appellate Tribunal grants relief to Sporta Technologies, the parent company of Dream11, from the insolvency resolution process. Learn more about the case and the implications of Section 10A of the Insolvency and Bankruptcy Code, 2016.
New Delhi Bhavit Sheth National Company Law Appellate Tribunal On National Company Law Appellate Tribunal Sporta Technologies Bankruptcy Code

Nirmala Sitharaman: We want to make India a manufacturing hub, but it has to be Aatmanirbhar too: Nirmala Sitharaman

Indias economic prospects face challenges from global uncertainties and rising commodity prices. Policy certainties, inflation concerns, job creation, and electoral targets shape the path ahead, reflecting a mix of opportunities and challenges in the evolving economic landscape, says Finance Minister Nirmala Sitharaman
Israel General Sverdlovskaya Oblast Narendra Modi Nirmala Sitharaman Elon Musk Sankalp Patra

Indian aviation industry cleared for takeoff despite engine woes: ICRA report

The Indian aviation industry is set to scale new heights. Despite facing supply chain challenges and engine failures, the industry is poised for significant growth in the coming years, according to a recent report by the ICRA Limited, a leading ...
New Delhi Pratt Whitney International Air Transport Association National Company Law Appellate Tribunal National Company Law Tribunal Go Airlines India

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