Local radio is in a state of collapse. Cumulus Media, Audacy, iHeartMedia, and Spanish Broadcasting System (most recently on ...

Ghosts of the Past has been hit by legal trouble after an NCLT-related public notice declared the film a “frozen asset.” The ...

On Monday, the National Company Law Appellate Tribunal dismissed Vedanta Ltd’s challenge to the approval of Adani Enterprises ...

The Supreme Court held that the IBC cannot be used as a substitute for execution of a civil court decree. It ruled that initiating CIRP for recovery purposes amounts to misuse of the insolvency ...

Observing that functioning of National Company Law Tribunals (NCLT) has been impaired by numerous vacancies and inadequate infrastructure —.

Article examines how IBC is meant for insolvency resolution, not debt recovery, and why using it as a recovery tool may weaken its legislative ...

Sullivan & Cromwell, a prominent Wall Street law firm, issued an apology to a federal bankruptcy judge due to significant errors in a court filing caused by AI inaccuracies, termed "hallucinations." , ...

The Trump administration is weighing a plan to provide a financial lifeline to Spirit Airlines as the carrier struggles to stay afloat. According to reports by The Wall Street Journal, the government ...

The parent company behind well-known shopping channels QVC and HSN has filed for Chapter 11 bankruptcy. QVC Group, which filed in the U.S. Bankruptcy Court for the Southern District of Texas, ...

QVC Group commenced a voluntary Chapter 11 bankruptcy as part of a restructuring support agreement. The company said Thursday it entered into the agreement with holders who represent a significant ...

QVC, the home shopping TV network that has been a staple for almost four decades, has filed for bankruptcy. The channel’s parent company, QVC Group, announced Thursday that it has voluntarily entered ...