If the court approves the proposal, users in China, Nigeria, Andorra, Fiji, and Zimbabwe could have their claims rejected.

The luxury retailer made an initial payment to bondholders on time, but six months after it acquired Neiman Marcus concerns ...

FTX has filed a motion to freeze creditor payouts in 49 countries with unclear or restrictive crypto laws, citing legal risks.

According to FTX creditor activist Sunil, these developments affect over 15K claims, representing approximately 5% of the ...

Updated Jul. 2 @ 12:30 pm Uber Freight, listed as an unsecured creditor of Del Monte in its filing, responded to the news ...

Communications technology stalwart Mitel Networks Corp. has emerged from creditor protection with significantly reduced debt ...

Dalinar Energy Corporation, a unit of Toronto-listed miner Gold Reserve, has been declared the provisional winner of a ...

Britain's Thames Water, battling to avoid nationalisation, asked a group of senior creditors on Monday to allow it to draw ...

Ghana's parliament approved a $2.8 billion debt restructuring deal late Tuesday with 25 creditor nations, including China and ...

Ethiopia said on Wednesday it had agreed a memorandum of understanding with its Official Creditor Committee that formalises an initial debt restructuring deal reached earlier this year.

Understand IBC Section 24(3)(c) regarding operational creditors' right to receive notice for Committee of Creditors meetings when their aggregate dues meet the 10% ...

Saks Global faces financial hurdles post the Neiman Marcus acquisition. The company made a crucial interest payment. It ...