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Published on 05:48 GMT

FirstCry parent’s subsidiary GlobalBees faces Rs 64.92 crore insolvency petition from Kuber Mart directors

A petition by Ashutosh Garg, Paritosh Garg and Manju Agarwal, the directors of Kuber Mart Industries, has been filed to initiate insolvency proceedings against GlobalBees Brands, a material subsidiary of Brainbees Solutions Limited which is the parent …

Source: Financial Express - Neutral
Published on 05:56 GMT

Holding creditor power in IBC to account

The Insolvency and Bankruptcy Code, 2016 (IBC) marked a watershed in India’s approach to insolvency framework — aimed at time-bound restructuring, creditor control and financial discipline. At its core lies the Committee of Creditors (CoC) deciding the …

Source: The Hindu Business Line - Neutral
Published on 03:58 GMT

Saipan casino operator warned: Renew insurance or face bankruptcy case dismissal

The Imperial Pacific Resort in Garapan Saipan- The U.S. Bankruptcy Court for the Northern Mariana Islands has issued an ultimatum to Imperial Pacific International, warning that its Chapter 11 bankruptcy case could be dismissed or converted to Chapter 7 …

Source: The Pacific Island Times - Neutral
Published on Jun 17, 2025

FirstCry Subsidiary GlobalBees Faces Insolvency Plea

SUMMARY FirstCry parent Brainbees said that Ashutosh Garg, Paritosh Garg and Manju Agarwal filed the plea for an alleged claim amount of INR 64.92 Cr, excluding interest GlobalBees acquired a 74% stake in Kuber Mart, which counts the petitioners as …

Source: Inc42 - Neutral
Published on Jun 17, 2025

WeightWatchers’ Reorganization Plan Confirmed, Clears Path for Elimination of Majority of Legacy Debt Burden and ...

NEW YORK, June 17, 2025 (GLOBE NEWSWIRE) -- WW International, Inc., the global leader in science-backed weight management (“WeightWatchers” or the “Company”), today announced that, following approval of its Plan of Reorganization, it is on track to exit …

Distribution channels: Companies, Healthcare & Pharmaceuticals Industry ...
Published on Jun 17, 2025

BPSL lenders seek review of SC order scrapping JSW deal

JSW Steel Bhushan Power and Steel (BPSL) lenders, including State Bank of India, led by Punjab National Bank on Monday moved the Supreme Court seeking review of its May 2 judgment that scrapped JSW Steel's acquisition of the debt-laden firm. The review …

Source: ETInfra.com - Pending
Published on Jun 17, 2025

California Business Divorce: Partner Fraud and Personal Liability: Important Lessons from Bartenwerfer v. Buckley

The Story Behind the Case Kate and David Bartenwerfer started their business with a straightforward plan. The couple decided to renovate and sell a house they jointly owned in San Francisco. David handled the remodeling work, while Kate remained largely …

Source: JD Supra - California - Neutral
Published on Jun 16, 2025

States reach major settlement with family behind OxyContin

All 50 U.S. states, Washington, D.C., and four U.S. territories have agreed to a $7.4 billion settlement with Purdue Pharma, the company behind OxyContin. The states argued the Sackler family, who own Purdue Pharma, fueled the opioid epidemic by …

Source: Straight Arrow News - Neutral
Published on Jun 16, 2025

Bhushan Power and Steel lenders move SC for review of JSW Steel decision

Bhushan Power and Steel (BPSL) lenders including SBI, led by the Punjab National Bank, on Monday moved the Supreme Court seeking review of its May 2 judgment that scrapped the JSW Steel’s acquisition of the debt-laden firm. The review comes after the apex …

Source: The Economic Times - Pending
Published on Jun 16, 2025

What Happens to USDC Reserves If Circle Goes Bankrupt?

In brief Circle's move to go public doesn't impact USDC's stability rating, according to S&P analysts. Legal uncertainty remains over whether USDC reserves would be protected if Circle goes bankrupt. Proposed GENIUS Act legislation could …

Source: Decrypt - Pending
Published on Jun 16, 2025

NTPC Led consortium gets Letter of Intent to acquire Sinnar Thermal Power Limited

New Delhi: In a significant move to acquire Sinnar Thermal Power Ltd, which is under the corporate insolvency proceedings since January 2024 due to a dispute over unpaid construction dues, the consortium of Mahagenco-NTPC Ltd has been declared the …

Source: PSU Connect Media - Neutral
Published on Jun 16, 2025

NCLT has powers to direct probe into company's affairs in insolvency matters, says NCLAT

Appellate tribunal NCLAT has clarified that the National Company Law Tribunal (NCLT) can order an investigation into the affairs of a company by probe agencies in cases related to the Insolvency & Bankruptcy Code by exercising its power under the …

Source: The Economic Times - Pending
Published on Jun 16, 2025

NCLT admits insolvency pleas against Gensol and EV arm over ₹728 cr default

Gensol insolvency case The Ahmedabad bench of the National Company Law Tribunal (NCLT) has admitted two insolvency petitions filed by the Indian Renewable Energy Development Agency (Ireda) against Gensol Engineering Ltd (GEL) and its electric vehicle …

Source: ETCFO.com - Pending
Published on Jun 16, 2025

Redefining the scope of differential treatment between same class of creditors

The Insolvency and Bankruptcy Code, 2016 was introduced as a comprehensive framework, aiming to facilitate the reorganization and insolvency resolution of corporate entities in a time-bound manner, with the primary goals of maximizing the value of assets, …

Source: ETLegalWorld.com - Pending
Published on Jun 14, 2025

NCLT Ahmedabad Admits Gensol Into Insolvency on IREDA’s Plea

The National Company Law Tribunal (NCLT) in Ahmedabad has admitted Gensol Engineering Limited (GEL) and its subsidiary, Gensol EV Lease (GEVL), into insolvency proceedings following a petition by the Indian Renewable Energy Development Agency (IREDA). The …

Source: Techstory - Neutral
Published on Jun 14, 2025

NTPC consortium issued LoI as Successful Resolution Applicant for acquiring Sinnar Thermal Power Limited

The Resolution Plan submitted by the Consortium of Maharashtra State Power Generation Company Limited and NTPC Limited ("Consortium") for Sinnar Thermal Power Limited ("STPL"), a company undergoing Corporate Insolvency Resolution …

Source: Equity Bulls - Neutral
Published on Jun 14, 2025

Mumbai News: HDIL’s Rakesh Wadhawan Opposes Suraksha ARC’s ₹1,709 Crore Claim, Threatens NCLT Action Over Alleged Fraud

Rakesh Kumar Wadhawan, the suspended director of Housing Development and Infrastructure Limited (HDIL) | File Photo Mumbai: Rakesh Kumar Wadhawan, the suspended director of Housing Development and Infrastructure Limited (HDIL), has addressed a letter to …

Source: Free Press Journal - Neutral
Published on Jun 14, 2025

NCLT directs insolvency resolution proceedings against Gensol Engineering and arm Gensol EV Lease

The National Company Law Tribunal (NCLT) admitted Gensol Engineering Ltd. and its arm Gensol EV Lease Ltd for insolvency resolution following separate petitions filed by Indian Renewable Energy Development Agency Ltd. (IREDA). However, NCLT appointed an …

Source: The Hindu - Center-left
Published on Jun 14, 2025

NCLT initiates insolvency proceedings against Gensol Engineering and Gensol EV lease

The tribunal also asked the IRP to file periodical progress reports on the CIRP.The National Company Law Tribunal (NCLT) has ordered the commencement of insolvency proceedings against Gensol Engineering Ltd and its group company Gensol EV Lease, following …

Source: ETAuto - Indeterminate

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Published on June 17, 2025 - 02:54 GMT

LeddarTech Announces Intention to File under the Bankruptcy and Insolvency Act in Canada

QUEBEC CITY, Canada, June 16, 2025 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous …

Distribution channels: Business & Economy, Technology ...
Published on June 16, 2025 - 20:07 GMT

Kimco Realty® Announces Pricing of $500 Million Aggregate Principal Amount of 5.300% Notes due 2036

JERICHO, N.Y., June 16, 2025 (GLOBE NEWSWIRE) -- Kimco Realty Corporation (NYSE: KIM) (the “Company”) today announced that its subsidiary, Kimco Realty OP, LLC (“Kimco OP” and, together with the Company, “Kimco”), has priced a public offering of $500 …

Distribution channels: Banking, Finance & Investment Industry, Real Estate & Property Management ...

Published on June 18, 2025 - 13:04 GMT

Frank Elderson: Europe at a crossroads: it is high time to complete the Single Market

Keynote speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the SRB Legal Conference 2025 Brussels, 18 June 2025 Thank you for your kind invitation. It is a pleasure to join you this …

Distribution channels: Banking, Finance & Investment Industry
Published on June 18, 2025 - 12:00 GMT

Heramba Electric Announces Board Resolutions and Management Changes Following Extraordinary Shareholder Meeting

DÜSSELDORF, Germany and ATLANTA, June 18, 2025 (GLOBE NEWSWIRE) -- Heramba Electric plc (OTC: PITEF) announced today the results of an extraordinary shareholder and board meeting held on June 3, 2025. More than 90.0%+ of shareholders voted on the following …

Distribution channels: Companies, Energy Industry ...

Published on June 18, 2025 - 12:00 GMT

Bionano Recaps Global Momentum Behind Optical Genome Mapping at the 2025 Annual Meeting of the European Society of Human ...

SAN DIEGO, June 18, 2025 (GLOBE NEWSWIRE) -- Bionano Genomics (NASDAQ: BNGO) recently participated in the European Society of Human Genetics (ESHG) conference held in Milan, Italy, from May 24-27, 2025. The event highlighted the use of optical genome …

Distribution channels: Healthcare & Pharmaceuticals Industry, Media, Advertising & PR ...
Published on June 18, 2025 - 13:00 GMT

CrowdCare Launches to Disrupt Traditional Healthcare with Community-Based, Insurance-Free Model

By combining crowdfunding with consumer-driven care, CrowdCare offers affordable healthcare access without high premiums, deductibles, or network restrictions. DEERFIELD BEACH, FL, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- A new player …

Distribution channels: Business & Economy, Consumer Goods ...
Published on June 18, 2025 - 08:40 GMT

Francisco Kalbuady Lay Presents Economic and Environmental Priorities in the Seventh Edition of “Página do Governo” – ...

Wed. 18 of June of 2025, 15:45h The Vice Prime Minister, Coordinating Minister of Economic Affairs and Minister of Tourism and Environment, Francisco Kalbuady Lay, will participate this Friday, June 20th, 2025, in the seventh edition of the program “Página …

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Published on June 17, 2025 - 16:38 GMT

Bankruptcy Sale Announced for Premier Miami Rooftop Commercial Condo at Brickell House

Keen-Summit Capital Partners LLC, a leading real estate brokerage and investment banking firm, in conjunction with Wilshire Advisory Group, has been retained to market and conduct the bankruptcy sale of a one-of-a-kind rooftop commercial condominium …

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Published on June 18, 2025 - 15:00 GMT

High-Risk Pedestrian Intersections: Report Reveals 10 Dangerous California Crossings from 2024 Crash Data

BANA LAW, PC identifies high-risk California intersections with significant pedestrian injury and wrongful death rates LOS ANGELES, CA, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- BANA LAW, PC, a California personal injury law firm with …

Distribution channels: Automotive Industry, Business & Economy ...
Published on June 18, 2025 - 14:34 GMT

C&G Partners with Speakers for Schools to Deliver Financial Services Work Experience

C&G Regulatory Solutions Partners with Speakers for Schools to Deliver Financial Services Work Experience for the Next Generation of Financial Talent LONDON, UNITED KINGDOM, June 18, 2025 /⁨EINPresswire.com⁩/ -- C&G Regulatory Solutions is …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 18, 2025 - 14:00 GMT

Alexander T. Lewis Inducted into Multi-Million Dollar Advocates Forum

We are proud to announce that our attorney, Alexander T. Lewis, has been inducted into the Multi-Million Dollar Advocates Forum. ST PETERSBURG, FL, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- A Prestigious Recognition for Exceptional …

Distribution channels: Companies, Healthcare & Pharmaceuticals Industry ...
Published on June 18, 2025 - 13:43 GMT

Zeidler Group Announces Strategic Partnership with CACEIS via Connect Store

NEW YORK CITY, NY, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Zeidler Group proudly announces a new strategic partnership with CACEIS Connect Store, a digital marketplace offering curated fintech and regtech solutions for the asset …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 18, 2025 - 13:30 GMT

21CP Solutions Launches 21CP Risk

Firm's New Division Focused on Protecting Public Servants While Preserving Public Access CHICAGO, IL, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- 21CP Solutions today announced the launch of 21CP Risk, a new division dedicated to …

Distribution channels: Emergency Services, Insurance Industry ...
Published on June 18, 2025 - 13:30 GMT

Another Big Win: Sydney Criminal Lawyers® Inducted into ThreeBestRated® Hall of Fame as Leading Traffic Lawyers in 2025

SYDNEY, NEW SOUTH WALES, AUSTRALIA, June 18, 2025 /⁨EINPresswire.com⁩/ -- Getting caught up in traffic violations is more common than people think, but resolving the charges is not always simple. Whether it is fighting an unjust fine or avoiding a …

Distribution channels: Law ...
Published on June 18, 2025 - 13:00 GMT

The Law Office of Andrew S. Maze Expands Focus on Personal Injury and DUI Cases in Middlesex County.

The Law Office of Andrew S. Maze now offers expanded focus on personal injury and DUI cases in Middlesex County, helping clients pursue the best outcomes. WOODBRIDGE , NJ, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- The law office of Andrew S. …

Distribution channels: Law ...
Published on June 18, 2025 - 12:00 GMT

OnPointe Software Launches Industry’s Most Accurate Roth Conversion Software with a Built-In Lead Generation Tool

Most accurate Roth conversion software with built-in lead generation, helping advisors attract prospects and deliver precise, customizable planning. FORT MYERS, FL, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- OnPointe Software is …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 18, 2025 - 12:00 GMT

Kiteworks Expands Market Reach While Reconfirming Commitment to Data Privacy With Zivver Acquisition

Zivver’s AI-powered secure email platform & zero-access encryption architecture align with Kiteworks’ commitment to uncompromising data privacy and security SAN MATEO, CA, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Kiteworks, which …

Distribution channels: Banking, Finance & Investment Industry, Healthcare & Pharmaceuticals Industry ...
Published on June 18, 2025 - 12:00 GMT

Kiteworks erweitert Marktreichweite und bekräftigt Engagement für Datenschutz durch Übernahme von Zivver

Zivvers KI-gestützte sichere E-Mail-Plattform und die Zero-Access-Verschlüsselungsarchitektur passen zu Kiteworks' Engagement für Datenschutz und Sicherheit. SAN MATEO, CA, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Kiteworks, das …

Distribution channels: Banking, Finance & Investment Industry, Healthcare & Pharmaceuticals Industry ...
Published on June 18, 2025 - 12:00 GMT

Kiteworks Expands Market Reach While Reconfirming Commitment to Data Privacy With Zivver Acquisition

Zivver’s AI-powered secure email platform & zero-access encryption architecture aligns with Kiteworks’ commitment to uncompromising data privacy and security SAN MATEO, CA, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Kiteworks, which …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 18, 2025 - 07:30 GMT

The Final Word on Legal AI Research: Xraised Interviews Laina Chan on the Irreplaceable Role of Human Lawyers

SYDNEY, AUSTRALIA, June 18, 2025 /⁨EINPresswire.com⁩/ -- Human empathy, ethical judgment, and deep instinct still reign supreme in a world augmented by legal AI. In the culminating interview of its legal innovation series, Xraised sat down with …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 18, 2025 - 07:08 GMT

Conditsis Lawyers acquires Brazel Moore Lawyers in strategic expansion

Conditsis Lawyers is pleased to announce its acquisition of Brazel Moore Lawyers, one of the Central Coast’s largest and long-standing law firms. GOSFORD, NSW, AUSTRALIA, June 18, 2025 /⁨EINPresswire.com⁩/ -- The acquisition is a significant step …

Distribution channels: Law ...
Published on June 18, 2025 - 06:13 GMT

Cyber IT Specialists has Opened a new location in Thousand Oaks

New in Town! Cyber IT Specialists has opened a new location in Thousand Oaks - offering expert Managed IT support and cybersecurity solutions in your area! THOUSAND OAKS, CA, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- Cyber IT …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on June 18, 2025 - 05:36 GMT

International Institute of Los Angeles Supports Lawsuit to Resettle Vulnerable Refugees

LOS ANGELES, CA, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- International Institute of Los Angeles (IILA) joined seven other nonprofit organizations from across the country in filing an amicus brief in support of the plaintiffs-appellees …

Distribution channels: Human Rights, International Organizations ...
Published on June 18, 2025 - 15:07 GMT

INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Rocket Companies, Inc. of Class ...

NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit is pending against Rocket Companies, Inc. (“Rocket Companies” or the “Company”) (NYSE: RKT). Investors in Rocket Companies securities are advised to contact …

Distribution channels: Consumer Goods, Law ...
Published on June 18, 2025 - 15:07 GMT

INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Compass Diversified Holdings of ...

NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Compass Diversified Holdings (“CODI” or the “Company”) (NYSE: CODI). Such investors are advised to contact Danielle Peyton at newaction …

Distribution channels: Consumer Goods, Law ...
Published on June 18, 2025 - 14:56 GMT

INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in West Pharmaceutical Services, ...

NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against West Pharmaceutical Services, Inc. (“West” or the “Company”) (NYSE: WST). Such investors are advised to contact Danielle Peyton at …

Distribution channels: Consumer Goods, Law ...
Published on June 18, 2025 - 14:56 GMT

INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Digimarc Corporation of Class ...

NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Digimarc Corporation (“Digimarc” or the “Company”) (NASDAQ: DMRC). Such investors are advised to contact Danielle Peyton at newaction@ …

Distribution channels: Consumer Goods, Law ...
Published on June 18, 2025 - 14:44 GMT

INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Napco Security Technologies, Inc....

NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Napco Security Technologies, Inc. (“Napco” or the “Company”) (NASDAQ: NSSC). Such investors are advised to contact Danielle Peyton at …

Distribution channels: Consumer Goods, Law ...