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Creditors are coming after Rudy Giuliani's $3.5 million Florida condo in bankruptcy filing
Rudy Giuliani may have to sell his $3.5 million Palm Beach, Florida home in his ongoing bankruptcy …
Hannah Getahun,Katherine Tang…
'Mad Men' star Jon Hamm was so broke in his early career that he owed his landlord nearly a year's rent and dodged calls from creditors
Jon Hamm, who's known for roles on "Mad Men," "Fargo," and "The Morning Show," recalled his time as…
Olivia Singh
Future Retail heads for liquidation as lenders fail to get suitable buyer
Future Retail, once the crown jewel of Kishore Biyani-led Future Group, is now heading for liquidat…
PTI
Beijing is unlikely to rescue Evergrande's offshore creditors because it could make things worse at home
Embattled Chinese real-estate giant Evergrande has been ordered by a Hong Kong to liquidate followi…
Huileng Tan
Real estate sector weighs on IBC but accounts for 18% of total realisations
The real estate sector has accounted for a significant portion of the total realisations under the …
FTX is set to begin selling $744 million of assets to pay back creditors of the failed crypto exchange
With Sam Bankman-Fried in jail, the failed crypto exchange just won approval to begin offloading it…
Phil Rosen
The founder of Evergrande just lost 2 Hong Kong mansions collectively valued at $200 million to a creditor
The two luxury mansions in Hong Kong's prestigious The Peak neighborhood were pledged for an HK$821…
Huileng Tan
Creditors take a haircut of 70% in insolvency cases: CareEdge report
The CareEdge report has found that the cumulative recovery rate has been on a downtrend, decreasing…
RCap resolution: NCLAT issues notices to Torrent Investments and others on the lender's plea
The appellate tribunal has directed to list the petition on February 9, 2023, saying the appeal wou…
PTI
BYJU's to miss March 2023 deadline for group level profitability, results delayed again
Edtech firm BYJU's will not be able to meet its March 2023 deadline to achieve group-level profitab…
Crucial meeting of Reliance Capital COC to be held on Tuesday
The Committee of Creditors (COC) of Reliance Capital is scheduled to meet on Tuesday to discuss the…
RIL calls for shareholder, creditor meeting to approve demerger of financial services arm
Reliance Industries Limited (RIL) on Thursday called for a meeting of equity shareholders, secured …
Future Lifestyle Insolvency: RP receives claims of ₹2,155.53 cr from financial creditors
As per the provision of the Insolvency & Bankruptcy Code, a Committee of Creditors (CoC) of FLFL ha…
PTI
Celsius is weighing a crypto bankruptcy token to pay back creditors in reorganization
Celsius is considering a plan to issue a new cryptocurrency to repay creditors as part of a bankrup…
Brian Evans
Reliance Capital Committee of Creditor rejects all bids, considering liquidation
The Committee of Creditors (COC) of Reliance Capital (RCAP), in its meeting held on Wednesday, has …
Lawsuit claims Elizabeth Holmes owes more than $25 million to Theranos creditors, report says
A lawsuit obtained by CNBC claimed the failed blood-testing startup's former CEO has missed payment…
Sam Tabahriti
Carvana plunges 45% as major creditors reportedly form pact to cooperate on restructuring
Carvana's corporate debt issue maturing in 2029 is trading at just 32 cents, distressed levels that…
Matthew Fox
Goldman Sachs, JPMorgan, Wells Fargo are among Wall Street giants named as possible FTX creditors
The 116-page document lists thousands of entries and redacted names of individuals who could be pos…
Zinya Salfiti
Bankrupt crypto exchange FTX owes its top 50 creditors about $3 billion
The exchange — worth $32 billion just earlier this year — filed for Chapter 11 bankruptcy on Novemb…
Huileng Tan
Financial creditors forego Rs 790.626 cr under insolvency resolution process: CARE Ratings
With the debt recoverable rate going down to 30.8 per cent or Rs 243,452.5 crore (lenders foregoing…