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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…   


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'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   


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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   


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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   


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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 …

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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   


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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   


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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…

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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   


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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…

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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…

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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 …

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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   


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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   


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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 …

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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   


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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   


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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   


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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   


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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…