Recent cases where creditors have recovered even more than the admitted amount under the IBC generate hope. Thank the courts ...

As Daryl Heller remains under pressure to come through with buyout payments for some 2,700 investors in his ATM network, ...

MedicineHatNews The City of Medicine Hat is owed $307,000 by the owners of the Medicine Hat Lodge, which entered creditors protection this fall and whose assets are being considered for sale by a ...

Amber Energy has submitted a lower-priced bid for Venezuela's PDV Holding (Citgo's parent company) with a direct payout to creditors, hoping to address their concerns from the initial offer.

Air taxi developer Vertical Aerospace faces a weekend of crucial talks between founder Stephen Fitzpatrick and Mudrick ...

The Karnataka High Court recently barred the Committee of Creditors (CoC) of Byju's parent company Think and Learn from ...

As ailing US corporates have struggled to service post-crisis loans, the prevalence of cov-lite lending has helped let creditors carve up distressed debt and sometimes cut other lenders out of the ...

In general, if a creditor agrees to settle your debt, the settled amount gets taxed as ordinary income. For example, let’s ...

Liberty Steel again unable to pay workers in its long, slow struggle to stay in the Grand Duchy Boosted by investment, ...

ZachXBT's NFT inadvertently launched as a $15 million meme coin due to Zora protocol's ERC-20 auto-mint, sparking controversy.

Raynmac Limited, trading as Cars R Us, a used vehicle dealership in Cunard Street, New Lynn Auckland, was placed into ...

A subset of sexual abuse accusers whose compensation is a key part of the plan and a group of Boy Scout insurers—have spent ...