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Byju’s US Units Head for Bankruptcy Sale Under …
Oct 18, 2024 · Three US education-software companies that bankrupt Indian tech-firm Byju’s bought for $820 million just a few years ago will be put up for sale in order to repay lenders, a court-appointed trustee said.
Byju’s Bankruptcy: US Judge weighs sanctions for two ... - Mint
Dec 4, 2024 · Byju’s Bankruptcy: Two executives, Vinay Ravindra and Rajendran Vellapalath, face potential financial sanctions in the US for allegedly draining assets from court-supervised …
From $22 Billion to Nothing: The Catastrophic Fall of Byju’s
Oct 21, 2024 · In September 2024, a Delaware court placed several of Byju’s U.S. subsidiaries into involuntary Chapter 11 bankruptcy. This happened because the company failed to provide …
India’s Byju’s lost more than $20 billion in valuation — what went ...
Mar 1, 2024 · Byju's, once India's most valuable startup, has seen a sharp reversal in its fortunes after a series of setbacks, including alleged accounting irregularities and purported …
Byju's crisis explained: Why edtech firm, once valued …
Feb 3, 2024 · After being faced with a lawsuit, Byju's further filed a case against Redwood for “accelerating its demand” to pay the loan. Read more: Byju's US subsidiary files for bankruptcy in Delaware
Byju’s insolvency: NCLT approves new resolution professional
4 hours ago · Byju’s bankruptcy proceedings stem from a default on 16 June 2024 on a ₹ 158 crore payment to BCCI for the firm’s sponsorship of the Indian cricket team jersey.
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Byju’s US Units Wrongly Stripped of Education App, Judge Rules
Nov 12, 2024 · 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 …
Court Rejects Byju’s Settlement, Paving Way for Insolvency
Oct 23, 2024 · The Supreme Court Wednesday ruled that the National Company Law Appellate Tribunal didn’t follow due legal procedure when it allowed a debt settlement between Byju’s …
Exclusive: BYJU'S debt crisis troubles US edtech …
Dec 23, 2024 · Epic and Tangible Play were impacted following BYJU'S involvement in a legal dispute with its international creditors.
Byju's bankruptcy news: Byju’s content manager, business …
Dec 4, 2024 · Lenders owed more than $1.2 billion are fighting to liquidate US education software companies that Byju’s purchased a few years ago for $820 million. Byju’s, founded by …
Byju’s insolvency: Brothers move court to keep …
5 days ago · The suspended Byju’s directors have approached the bankruptcy appeals court to avoid having the edtech firm’s creditors decide on a ₹158 crore settlement that could pull it out of insolvency.
ETtech Explainer: Edtech company Byju’s legal woes take new turn
6 days ago · The cricket body, seeking to recover these outstanding payments, approached the NCLT to initiate bankruptcy proceedings against Byju’s. What made BCCI withdraw its …
Byju's ordered by US court to freeze $533 million in relief for lenders
Mar 15, 2024 · The dispute over the $533 million arises from actions taken by lenders who took control of a holding company established by Think & Learn to issue $1.2 billion in debt. This …
Byju's Bankruptcy News: Byju’s content manager, business …
Dec 4, 2024 · Byju’s, founded by controversial entrepreneur Byju Raveendran and his family, is in bankruptcy in India after defaulting on the debt it owes US lenders.
Byju’s insolvency: Brothers move court to keep creditors away
Suspended directors of Byju's have approached bankruptcy appeals court to avoid its creditors deciding on a ₹158 crore settlement that could pull edtech firm out of insolvency.
Byju's controversies: The troubles hurting India's biggest edtech ...
Feb 12, 2024 · Byju’s, once India’s most successful edtech startup, is in financial crisis. Its US entity has filed for bankruptcy proceedings. The shareholders with around 30% stakes in the …
Supreme Court Revives Byju's Insolvency Proceedings
Oct 25, 2024 · The Supreme Court has overturned the National Company Law Appellate Tribunal's (NCLAT) decision that had ended insolvency proceedings against ed-tech giant …
Fate of Byju’s founder rests with Indian court as investors try to …
Leading technology investors are fighting to remove the founder of Byju’s, the Indian education technology start-up whose valuation has crashed amid allegations of mismanagement and …
What Went Wrong With Byju's, Which Was Once Valued At $22 …
Feb 6, 2024 · After a rapid expansion during the Covid pandemic, Byju's has been struggling with cash-flow problems and is embroiled in a dispute with creditors over a $1.2 billion loan. The …
Byju’s Insolvency: A New Navigator Amid Creditors’ Clash
1 hour ago · The bankruptcy proceedings began after Byju’s failed to make an essential payment worth ₹158 crore to the Board of Control for Cricket in India (BCCI) on 16 June 2024 for cricket …
Mystery behind Byju's ‘hidden’ $533 million: Here's where it's tied up
It has been alleged that Alpha Inc, run by Byju's parent company Think and Learn, transferred $533 million to Florida hedge fund Camshaft Capital Fund after going bankrupt, despite owing …
From being edutech star to facing insolvency, is Byju’s nearing its ...
Jul 18, 2024 · The NCLT has appointed a bankruptcy professional, Pankaj Srivastava, who will oversee Byju’s day-to-day operations even as it hears the insolvency petition filed by the …
Byju's founder told US ally to flee the US to avoid testifying: Report
Nov 22, 2024 · The businessman, William R. Hailer, testified before US Bankruptcy Judge John T. Dorsey, alleging that Byju Raveendran offered him a lucrative job and sent him a $10,700 …
Insolvency proceedings may lead to total shutdown: CEO Byju
Byju'shas around 27,000 employees, including 16,000 teachers. Watch Live TV in English. Watch Live TV in Hindi. Insolvency proceedings may lead to total shutdown: ...
How Byju’s growth-hacked its way to bankruptcy court
Jul 22, 2024 · Every paper, news site, and Linkedin influencer worth their salt is saying it’s gameover for Byju’s. The National Company Law Tribunal (NCLT) has ordered insolvency …
U.S. Bankruptcy Courts Records | PACER Case Search | UniCourt
Feb 17, 2018 · With UniCourt, you can lookup federal Bankruptcy Court cases online, find the latest docket information, view case summaries, check case statuses, download court …
Bankruptcy Filings in Missouri - BK Data: Bankruptcy Database …
5 days ago · Chapter 7, 11 and 13 Bankruptcy Cases in the state of Missouri. On February 19, 2025 (the " Petition Date ") Gary Wayne Johnson and Amanda Jo Johnson filed a voluntary …
Nikola files for bankruptcy protection. Here's what to know about …
5 days ago · Electric vehicles take the driver's seat at 2025 Chicago Auto Show 02:32. Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after …
Talc Baby Powder Lawsuit | February 2025 Settlement Update
5 days ago · The pretend company that J&J made up for the talc litigation bankruptcy told a New Jersey bankruptcy court that they have designated $400 million to settle the claims made by …
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