Bankruptcy

Kylie Jenner is broke?

Reality TV star Kylie Jenner is reportedly on the verge of bankruptcy mainly due to bad investment in her cosmetic line.

Jul 28, 2016, 11:40 AM IST

Meet ROSS, world's first 'RoboLawyer' who'll look after bankruptcy!

The machine is designed to understand language, provide answers to questions, formulate hypotheses and monitor developments in the legal system.

May 16, 2016, 15:25 PM IST

Lok Sabha passes Insolvency and Bankruptcy Bill

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

May 05, 2016, 23:44 PM IST

JPMorgan Chase pays $1.42 bn to settle most of Lehman Bros suit

JPMorgan Chase has agreed to pay USD 1.42 billion to settle most of the litigation relating to the bankruptcy of Lehman Brothers, according to court documents.

Jan 26, 2016, 20:17 PM IST

SBI says bankruptcy code can't solve all problems for banks

State Bank of India (SBI) Monday raised questions over the bankruptcy code being readied by the government, citing past experiences, while stressing on the need for a change in the overall 'ecosystem' to tide over the problem of bad loans.

Aug 31, 2015, 22:19 PM IST

Sole US rare-earths miner Molycorp files for bankruptcy

Molycorp, the sole US miner and producer of rare earth elements crucial in high-tech manufacturing, filed for bankruptcy protection on Thursday as it struggles with a mountain of debt.

Jun 26, 2015, 00:56 AM IST

Cyprus won`t need full EU bailout package: minister

Cyprus will not need all of the 10-billion-euro bailout it received in 2013 as its economy recovers faster than expected, the country`s finance minister told AFP.

Mar 13, 2015, 14:57 PM IST

RadioShack gets court approval for interim bankruptcy loan

Bankrupt electronics retailer RadioShack Corp got court approval on Monday to borrow $10 million to support its operations until it opens the bidding this month for its best-performing stores.

Feb 10, 2015, 03:45 AM IST

Judge in Apple supplier's bankruptcy questions need for secrecy

The judge overseeing the mysterious bankruptcy of an Apple Inc sapphire supplier on Wednesday voiced skepticism over requests for secrecy and compared the iPhone maker to a demanding homeowner unhappy with how a construction project turned out.

Oct 16, 2014, 12:03 PM IST

GT Advanced bankruptcy offers warning to Apple suppliers

The financial implosion of Apple Inc supplier GT Advanced Technologies Inc this week offers a dramatic illustration of how the iPhone maker can put the screws to suppliers willing to take a short-term risk for future riches.

Oct 09, 2014, 00:53 AM IST

Key hearing on Detroit's historic bankruptcy begins in US court

Detroit made history nearly 14 months ago when it filed the biggest-ever Chapter 9 municipal bankruptcy. The confirmation hearing to determine if the city`s plan to exit bankruptcy is fair and feasible began on Tuesday and is scheduled to stretch through Oct. 17.

Sep 03, 2014, 05:59 AM IST

RBI chief Rajan calls for better bankruptcy laws

Reserve Bank of India (RBI) governor Raghuram Rajan on Wednesday said the country was in need of clearer procedures when companies go bankrupt and called for new rules to remedy the situation.

Aug 14, 2014, 09:37 AM IST

RBI working on system for exit by businesses facing bankruptcy

RBI has started working on an enabling system for banks that will help those entrepreneurs seeking an honourable exit from unattractive ventures.

Jul 23, 2014, 15:26 PM IST