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NCLT registers 43 pc jump in debt resolution cases: IBBI

IBBI marks 2023-24 as significant, NCLT sees 43% more resolutions. Mediation in IBC, prepack insolvency for large corp. Outputs surpass inputs, reducing pendency. Emphasis on MSMEs, asset quality, debtor-creditor collaboration. ....

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I'm Still Standing: New York Court Confirms BFAM May Pursue Glory Health For US$200m In Missed Note Payments (Podcast) - Insolvency/Bankruptcy

A recent decision the Supreme Court of the State of New York has determined that the beneficial owners of bonds have standing to bring claims against the bond issuer and guarantors. ....

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Don't Trip! Why Loan Covenants Matter And How To Avoid An Unanticipated Default - Financial Services

Any company that has experience borrowing money is also almost certainly familiar with the voluminous stack of documents that must be executed in connection with the taking out of a new loan. ....

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Business News: Liquidation as a going concern is an effort to maximise value & save firms under insolvency | INTERVIEW

Business News: Liquidation as a going concern is an effort to maximise value & save firms under insolvency | INTERVIEW
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Collection Costs Of A Non-Discharged Debt Also Are Non-Discharged - Insolvency/Bankruptcy

A bankruptcy discharge relieves a debtor of their legal obligation to repay most debts. The Bankruptcy Code begins with a presumption of dischargeability for the honest but unfortunate debtor. ....

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