Bankruptcy
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Byju's US Units Wrongly Stripped Of Education App, Court Rules
Two money-making education apps that are part of the troubled Byju's software empire were wrongly transferred away from US lenders and must be returned to a court-supervised bankruptcy trustee, a federal judge ruled Tuesday.
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American Bar And Grill Chain TGI Fridays Files For Bankruptcy
Casual American dining chain TGI Fridays filed for Chapter 11 bankruptcy on Saturday in the US state of Texas, a company statement said.
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J&J's $8.2 Billion Settlement Linked To Iconic Baby Powder Faces Court Test
The fate of Johnson & Johnson's latest push to use bankruptcy courts to end thousands of cancer lawsuits tied to its iconic baby powder now hinges on a high-stakes trial in January.
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Blog | Goodbye To Tupperware - And Good Old Childhood
I, too, have to admit that I think twice before buying a plastic container for storing my food. I, too, have joined the bandwagon of healthy, conscious living. Because it is the right way to live. But Tupperware is a piece of my childhood.
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FTX Cleared to Repay Billions to Customers After Bankruptcy Plan Approval
FTX has received court approval of its bankruptcy plan. The plan is built on a series of settlements with FTX customers and creditors, US government agencies, and liquidators appointed to wind down FTX's operations outside the US.
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Internet Reacts To Tupperware Bankruptcy News - See Top Memes, Posts
Tupperware Brands has announced its filing for Chapter 11 bankruptcy. People have taken to social media to share tributes and memes about the popular brand.
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Tupperware, A Nostalgic Staple Of Our Kitchens, Files For Bankruptcy
Tupperware has claimed to succumb to mounting financial pressures and declining demand for its once-iconic food storage solutions
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Tupperware Files For Bankruptcy After Years-Long Sales Struggle
Tupperware Brands Corp. filed for bankruptcy following a years-long struggle with sales declines and growing competition.
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Another Byju's Auditor Resigns, Firm Shares "Real Reason" Behind Exit
Grappling with several issues, Byju's has found itself in new controversy as its auditor BDO resigned with immediate effect, highlighting multiple issues with the embattled edtech firm, including significant delays in financial reporting.
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US Lenders Won't Have A Say On Who Runs Byju's Amid Bankruptcy Concerns
US lenders to Byju's were removed from an influential creditors committee by a court-appointed arbitrator in India, a potential boon for the struggling online-education company seeking to avert bankruptcy.
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US CFTC Orders Fallen Crypto Exchange FTX to Pay $12.7 Billion to Customers
The CFTC agreement resolves a potential roadblock to that repayment, ensuring that the government's lawsuit against FTX will not reduce the funds available to its customers. The CFTC agreed not to collect any payment from FTX until all its customers are repaid, with interest.
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Book Review | The Dirty Dozen: The Story Of India's 12 Biggest Corporate Defaulters
N. Sundaresha Subramanian chronicles the travails of the IBC in each of the 'Big Twelve' cases in finding the resolution. In some instances, the journey becomes more important than the destination.
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"Congress' Maoist Manifesto Eyeing Gold From Temples, Mangalsutra": PM Modi
Prime Minister Narendra Modi on Friday tore into the Congress's election manifesto, dubbing it a "Maoist" document, which he cautioned will put a break on the country's economic growth and lead it to bankruptcy if implemented.
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Como Seal Serie A Return After 21-Year Absence
Como suffered multiple bankruptcies and tumbled down the pyramid after being relegated from Serie A little over two decades ago.
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Crypto Exchange FTX Submits Plans To Distribute Over $14 Billion To Creditors
Crypto exchange FTX filed an amended reorganization plan with a U.S. bankruptcy court which will allow for $14.5 billion to $16.3 billion for distribution to creditors, the company said in a statement on Tuesday.
-
Byju's US Units Wrongly Stripped Of Education App, Court Rules
Two money-making education apps that are part of the troubled Byju's software empire were wrongly transferred away from US lenders and must be returned to a court-supervised bankruptcy trustee, a federal judge ruled Tuesday.
-
American Bar And Grill Chain TGI Fridays Files For Bankruptcy
Casual American dining chain TGI Fridays filed for Chapter 11 bankruptcy on Saturday in the US state of Texas, a company statement said.
-
J&J's $8.2 Billion Settlement Linked To Iconic Baby Powder Faces Court Test
The fate of Johnson & Johnson's latest push to use bankruptcy courts to end thousands of cancer lawsuits tied to its iconic baby powder now hinges on a high-stakes trial in January.
-
Blog | Goodbye To Tupperware - And Good Old Childhood
I, too, have to admit that I think twice before buying a plastic container for storing my food. I, too, have joined the bandwagon of healthy, conscious living. Because it is the right way to live. But Tupperware is a piece of my childhood.
-
FTX Cleared to Repay Billions to Customers After Bankruptcy Plan Approval
FTX has received court approval of its bankruptcy plan. The plan is built on a series of settlements with FTX customers and creditors, US government agencies, and liquidators appointed to wind down FTX's operations outside the US.
-
Internet Reacts To Tupperware Bankruptcy News - See Top Memes, Posts
Tupperware Brands has announced its filing for Chapter 11 bankruptcy. People have taken to social media to share tributes and memes about the popular brand.
-
Tupperware, A Nostalgic Staple Of Our Kitchens, Files For Bankruptcy
Tupperware has claimed to succumb to mounting financial pressures and declining demand for its once-iconic food storage solutions
-
Tupperware Files For Bankruptcy After Years-Long Sales Struggle
Tupperware Brands Corp. filed for bankruptcy following a years-long struggle with sales declines and growing competition.
-
Another Byju's Auditor Resigns, Firm Shares "Real Reason" Behind Exit
Grappling with several issues, Byju's has found itself in new controversy as its auditor BDO resigned with immediate effect, highlighting multiple issues with the embattled edtech firm, including significant delays in financial reporting.
-
US Lenders Won't Have A Say On Who Runs Byju's Amid Bankruptcy Concerns
US lenders to Byju's were removed from an influential creditors committee by a court-appointed arbitrator in India, a potential boon for the struggling online-education company seeking to avert bankruptcy.
-
US CFTC Orders Fallen Crypto Exchange FTX to Pay $12.7 Billion to Customers
The CFTC agreement resolves a potential roadblock to that repayment, ensuring that the government's lawsuit against FTX will not reduce the funds available to its customers. The CFTC agreed not to collect any payment from FTX until all its customers are repaid, with interest.
-
Book Review | The Dirty Dozen: The Story Of India's 12 Biggest Corporate Defaulters
N. Sundaresha Subramanian chronicles the travails of the IBC in each of the 'Big Twelve' cases in finding the resolution. In some instances, the journey becomes more important than the destination.
-
"Congress' Maoist Manifesto Eyeing Gold From Temples, Mangalsutra": PM Modi
Prime Minister Narendra Modi on Friday tore into the Congress's election manifesto, dubbing it a "Maoist" document, which he cautioned will put a break on the country's economic growth and lead it to bankruptcy if implemented.
-
Como Seal Serie A Return After 21-Year Absence
Como suffered multiple bankruptcies and tumbled down the pyramid after being relegated from Serie A little over two decades ago.
-
Crypto Exchange FTX Submits Plans To Distribute Over $14 Billion To Creditors
Crypto exchange FTX filed an amended reorganization plan with a U.S. bankruptcy court which will allow for $14.5 billion to $16.3 billion for distribution to creditors, the company said in a statement on Tuesday.
