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2 mins read

As Supertech goes bankrupt, these are the options home buyers have

Noida-based real-estate firm Supertech Limited was declared bankrupt by the National Company Law Tr…

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1 min read

Lenders approve Suzlon Energy's debt resolution plan

"State Bank of India, the lead bank of the consortium of lenders, has, vide its e-mail dated March…

PTI   


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8 mins read

I'm 25 and have 2 master's degrees and $131,000 in student debt. I lived in Paris and am heading to India with only $200.

A woman with $131,000 in student debt tells how she could afford to live in Paris for two years. No…

Alexandra York,Josée Rose   


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2 mins read

CIRP initiated in cases of DHFL, ABG Shipyard, Bhushan Power & Steel

Corporate insolvency resolution process (CIRP) was initiated in the cases of DHFL, ABG Shipyard and…

Ayelet Sheffey   


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2 mins read

SEBI to auction 66 properties of Saradha Group to recover investors' money

Markets regulator Sebi on Monday said it will auction 66 properties of Saradha Group on April 11 at…

PTI   


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3 mins read

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…

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3 mins read

SpiceJet to raise ₹2,500 crore fresh capital, convert Carlyle’s debt into equity and demerge cargo biz

Low-cost carrier SpiceJet on Monday announced that its board has approved plans to raise fresh capi…

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4 mins read

The GOP just tried the fast-track route to block Biden's student-debt relief. Here's why it probably won't work.

Three GOP lawmakers recently introduced a new plan to use an oversight law to overturn Biden's stud…

Ayelet Sheffey   


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37 mins read

Hidden investors took over Corizon Health, a leading prison healthcare company. Then they deployed the Texas Two-Step.

Corizon Health, facing mounting debt, executed a controversial bankruptcy maneuver. Hundreds of pri…

Nicole Einbinder,Dakin Campbe…   


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1 min read

Company continuously working on a resolution plan: Suzlon

New Delhi, Nov 20 () Wind-turbine maker Suzlon Energy on Wednesday said the company is working on a…

PTI   


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1 min read

RattanIndia Power closes one-time resolution of Rs 6.5K crore debt

RattanIndia Power, currently owns two coal based power plants in Maharashtra with an aggregate cap…

PTI   


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2 mins read

Elizabeth Warren is holding her first hearing on student debt cancelation. Here's what to expect.

Warren invited Rep. Ayanna Pressley, who defaulted on student loans, and CEO of student loan servic…

Ayelet Sheffey   


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1 min read

DHFL sets record as India's housing finance company to go bankrupt

The Reserve Bank on Friday sent the crippled Dewan Housing Finance Corporation (DHFL) to the ba…

PTI   


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2 mins read

Govt to exempt coronavirus-related debt of companies from insolvency law ambit

Under the Insolvency and Bankruptcy Code (IBC), which provides for a time-bound and market-linked …

PTI   


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15 mins read

The young lawyer who became the 'Don Quixote' of canceling student debt

Austin Smith has argued that courts systematically misinterpreted the bankruptcy code in student le…

Cezary Podkul   


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2 mins read

JPMorgan says failure to reach a debt-limit deal could cause a worse stock sell-off than 2011, when the S&P 500 fell 17% in 2 weeks

There's potential for a "violent risk-off move in equities as we get closer to the projected x-date…

Phil Rosen   


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4 mins read

OPINION: How to make India’s bankruptcy resolution process faster and more efficient

However, as with all new regulations, the law takes its time to settle. Having said that there a…

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2 mins read

Govt seeks additional 270 days to complete resolution for 105 IL&FS group companies

"For the remaining 105 domestic group entities, extend the scope and operation of the order passed …

PTI   


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2 mins read

We just got a fresh sign that Biden's plan to give millions of student-loan borrowers who fell behind on payments a shot at debt relief is working

The New York Fed found that $34 billion in delinquent student loans have so far been marked as curr…

Ayelet Sheffey