PrimaLend Bankruptcy: Payments to CEO's Firm Halted
US court temporarily stops $350,000 monthly payments from bankrupt PrimaLend to CEO Mark Jensen's firm. Judge to decide legitimacy amid creditor concerns over $286M debt.
Category : Search result: SpaceX near bankruptcy
IBBI's New Valuation Format Aims to Cut Litigation
IBBI introduces standardized valuation format for distressed assets to enhance transparency and reduce lawsuits. Public feedback accepted until December 10. Learn how this impacts creditors.
Adani Wins Bid for Bankrupt Jaiprakash Associates
Gautam Adani's Adani Enterprises secures creditors' approval to take over bankrupt Jaiprakash Associates, gaining assets worth ₹35,000 crore across cement, power and hospitality sectors.
Adani wins $1.53bn Jaiprakash takeover bid
Adani Enterprises secures creditor approval for $1.53 billion Jaiprakash Associates acquisition, beating Vedanta's higher offer with better payment terms. Key details inside.
Lugano Holdings Files Bankruptcy Amid $500M Liabilities
Lugano Holdings Inc., operator of luxury jewelry boutiques, files for Chapter 11 bankruptcy with over $500 million liabilities after former CEO fraud scandal. Stores remain open during sale process.
SC to Rule on Spectrum Sale in Telco Insolvency Cases
Supreme Court deliberates whether telecom spectrum can be sold during bankruptcy. Government ministries divided as ₹40,000 crore remains stuck in Aircel, RCom cases. Read the full analysis.
US Ice Cream Brands Shut Shops Amid Bankruptcy, Issues
Major US ice cream chains like Dairy Queen and Freddy's face store closures due to Chapter 11 bankruptcy filings and franchisee troubles. Get the full story here.
SC to Rule on Telecom Spectrum Ownership in Bankruptcy
Supreme Court's upcoming decision will determine if telecom spectrum can be liquidated under IBC for lenders to recover dues from bankrupt telcos like Aircel and RCom. Read full analysis.
Purdue Pharma Wins Bankruptcy Approval in Opioid Case
Purdue Pharma receives court approval for $7.4 billion opioid settlement after Supreme Court intervention. Sackler family to pay $6.5 billion over 15 years in landmark case.
Purdue Pharma $7B Opioid Settlement Gets Court Nod
Federal judge approves Purdue Pharma's bankruptcy plan requiring Sackler family to pay $7 billion and surrender company ownership. Thousands of opioid victims to receive compensation in historic settlement.
China's Household Debt Crisis Impacts 83 Million People
China's household debt crisis deepens with 83 million potentially in arrears. Rising defaults, aggressive collectors, and economic pressures challenge middle-class stability. Read analysis.
Ludhiana Police Campaign Against Tobacco Near Schools
Ludhiana police launches special drive against illegal tobacco and e-cigarette sales near educational institutions. 15 shops inspected, strict action promised.
Sonder Bankruptcy: Guests Evicted After Marriott Split
Sonder Holdings files for Chapter 7 bankruptcy, terminating its Marriott deal and leaving guests stranded worldwide. A travel nightmare unfolds for customers.
SBI, Govt Clash in SC Over Spectrum Sale in Insolvency
State Bank of India argues spectrum can be sold under insolvency to recover dues, while government maintains it belongs to the state. Supreme Court hearing continues.
First Brands Seeks New Invoice Financing After Fraud
Bankrupt auto supplier First Brands Group is reviving invoice financing despite previous fraud allegations. Learn how this move could provide cheaper liquidity.
4 Strong Stocks Near 52-Week Lows: Analysis
Discover 4 fundamentally strong Indian stocks trading near 52-week lows. Detailed analysis of Quess Corp, Maharashtra Seamless, Godrej Agrovet, and Finolex Cables with financial performance insights.
Elon Musk: SpaceX IPO Possible for Starlink
SpaceX CEO Elon Musk hints at potential public offering for Starlink, revealing timeline and conditions for what could be India's biggest space investment opportunity.
ICAI Proposes IBC Reforms to Parliament Panel
The Institute of Chartered Accountants of India submits comprehensive recommendations for Insolvency and Bankruptcy Code amendments to strengthen corporate resolution framework.
NASA Should Stop Building Rockets: Isaacman
Billionaire astronaut Jared Isaacman challenges NASA's current approach, advocating for private sector rocket development while the space agency focuses on ambitious technological breakthroughs.
SpaceX launches 29 Starlink satellites with Falcon 9
Elon Musk's SpaceX successfully launches another batch of Starlink satellites from Florida, marking another milestone in global internet connectivity expansion. Watch the spectacular launch here!
IBBI Aligns Bankruptcy Code with Anti-Money Laundering Laws
IBBI makes landmark move to integrate bankruptcy proceedings with PMLA, creating powerful new weapon against financial fraud and strengthening India's financial ecosystem.
American Airline's Kenai Aviation Collapses, Halts All Flights
Kenai Aviation, owned by American Airlines, ceases all operations amid financial insolvency. Pandemic-era debt and economic pressures blamed for the airline's dramatic collapse.
Starlink's First India Deal: Maharashtra Partnership
Elon Musk's Starlink makes historic entry into India, partnering with Maharashtra for 100% satellite-based internet connectivity. Discover how this game-changing deal will transform digital infrastructure.
Starlink Debuts in India: Maharashtra Signs Rural Internet Deal
Elon Musk's Starlink makes historic India entry as Maharashtra government signs agreement to bridge digital divide in rural areas with satellite internet technology.
Trump re-nominates billionaire Jared Isaacman as NASA chief
In a surprising political maneuver, former President Donald Trump has re-nominated Jared Isaacman, private astronaut and Musk associate, to lead NASA, signaling potential shifts in US space policy.
Trump re-nominates SpaceX ally Jared Isaacman for NASA chief
Former President Donald Trump nominates billionaire astronaut Jared Isaacman, known for SpaceX partnerships, to lead NASA in potential second term, signaling closer space collaboration.
Trump Nominates Elon Musk Ally Jared Isaacman for NASA
In a bold move, former President Donald Trump re-nominates Jared Isaacman, the billionaire entrepreneur and close associate of Elon Musk, to head NASA. Discover how this tech-savvy leader could reshape America's space ambitions.
Buddhist's Hell Vision After Drug Overdose
Former Buddhist Steve Kang shares his terrifying near-death experience of visiting Christian hell after a drug overdose, detailing his spiritual transformation and redemption story that will leave you questioning everything.
Elon Musk's JRE episode breaks all records
Elon Musk's iconic 2018 Joe Rogan Experience episode becomes the most-watched JRE podcast ever, prompting a characteristically brief but powerful response from the tech billionaire.
Elon Musk denies suicide rumours, discusses alien comet
Tesla CEO Elon Musk makes shocking statements about suicide conspiracies and Oumuamua interstellar object during candid podcast discussion.
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