Small creditors use India's new bankruptcy rules to put the squeeze on big players – Reuters India

Small creditors use India's new bankruptcy rules to put the squeeze on big players – Reuters India
Reuters IndiaSmall creditors use India's new bankruptcy rules to put the squeeze on big playersReuters IndiaThe court that handles such bankruptcy cases, the National Company Law Tribunal (NCLT), should first test the intent of any operational creditor making a bankruptcy plea, he added. “NCLT has to hold an enquiry at the beginning to determine whether this …and more »
Small creditors use India's new bankruptcy rules to put the squeeze on big players – Reuters India

Cyrus Mistry: Tata Sons looks to shed its 'public ltd' tag for 'pvt ltd … – Times of India

Cyrus Mistry: Tata Sons looks to shed its 'public ltd' tag for 'pvt ltd … – Times of India
NDTVCyrus Mistry: Tata Sons looks to shed its 'public ltd' tag for 'pvt ltd …Times of IndiaThe most significant implication of this step will be that it places restrictions on Tata Sons' shareholders from selling their stake to external investors. The Mistry …Mistry Family Opposes Tata Sons' Plan To Turn Into Private CompanyNDTVMistry objects to Tata's move to make Tata Sons 'private'The HinduTata Group looking for a private affair: What does this mean for Mistry?Economic TimesLivemint -Business Standard -India Today -The Economic Timesall 54 news articles »
Cyrus Mistry: Tata Sons looks to shed its 'public ltd' tag for 'pvt ltd … – Times of India

Guptas' buyer plays race card – Herald live

Guptas' buyer plays race card – Herald live
Herald liveGuptas' buyer plays race cardHerald liveIt is law‚ according to Section 26 of the Companies Act‚ that the names of shareholders in a private company must be provided when requested. If the company director fails to give such information, they are breaking the law and can be criminally charged.and more »
Guptas' buyer plays race card – Herald live

Value of Jaypee assets more than its dues, says bank plea at tribunal – Times of India

Value of Jaypee assets more than its dues, says bank plea at tribunal – Times of India
Times of IndiaValue of Jaypee assets more than its dues, says bank plea at tribunalTimes of IndiaAccording to the application, the company had defaulted to the tune of Rs 50 crore in principal as on June 15, 2017. In addition, the application said, the default amount towards overdue interest, including liquidated damages as default interest …and more »
Value of Jaypee assets more than its dues, says bank plea at tribunal – Times of India

Major Companies Offer Cash to Fight Hate Groups After Charlottesville Tragedy – Law.com (subscription)

Major Companies Offer Cash to Fight Hate Groups After Charlottesville Tragedy – Law.com (subscription)
Law.com (subscription)Major Companies Offer Cash to Fight Hate Groups After Charlottesville TragedyLaw.com (subscription)s head of corporate responsibility, told employees that the banking giant would donate $1 million to the Southern Poverty Law Center and the Anti-Defamation League, two organizations that fight for civil rights and against hate groups. The SPLC and the …and more »
Major Companies Offer Cash to Fight Hate Groups After Charlottesville Tragedy – Law.com (subscription)

United States: SEC Report Asserts Cryptocurrency Tokens Are Securities Under US Law – Mondaq News Alerts (registration)

United States: SEC Report Asserts Cryptocurrency Tokens Are Securities Under US Law – Mondaq News Alerts (registration)
United States: SEC Report Asserts Cryptocurrency Tokens Are Securities Under US LawMondaq News Alerts (registration)Further, the Report also warns “those who would use virtual organizations” to review their activities from the viewpoint of the Investment Company Act of 1940. However, the SEC did not apply the 1940 Act to the DAO's case, in part because that entity …
United States: SEC Report Asserts Cryptocurrency Tokens Are Securities Under US Law – Mondaq News Alerts (registration)

When a gig economy company folds, workers can be left holding the bag – San Francisco Chronicle

When a gig economy company folds, workers can be left holding the bag – San Francisco Chronicle
San Francisco ChronicleWhen a gig economy company folds, workers can be left holding the bagSan Francisco Chronicle“If you work for a company, you often have some idea how things are going,” said Jared Ellias, a UC Hastings law professor who teaches bankruptcy and corporate law. “You may not know everything, but you have a clue. If you work in the gig economy, you …
When a gig economy company folds, workers can be left holding the bag – San Francisco Chronicle

Manyi furious over TimesLIVE request to reveal shareholders – Times LIVE

Manyi furious over TimesLIVE request to reveal shareholders – Times LIVE
Times LIVEManyi furious over TimesLIVE request to reveal shareholdersTimes LIVEIt is law‚ according to Section 26 of the Companies Act‚ that the names of shareholders in a private company must be provided when requested. If the company director fails to give such information after any reasonable request‚ they are breaking the law …and more »
Manyi furious over TimesLIVE request to reveal shareholders – Times LIVE

Manyi anger at being asked to identify shareholders in Lodidox – Rand Daily Mail (registration)

Manyi anger at being asked to identify shareholders in Lodidox – Rand Daily Mail (registration)
Rand Daily Mail (registration)Manyi anger at being asked to identify shareholders in LodidoxRand Daily Mail (registration)It is law‚ according to Section 26 of the Companies Act‚ that the names of shareholders in a private company must be provided when requested. If the company director fails to give such information after any reasonable request‚ they are breaking the law …and more »
Manyi anger at being asked to identify shareholders in Lodidox – Rand Daily Mail (registration)

Frutarom Bought a 9.2% Stake From Paulson, Enzymotec's Largest Shareholder, to Reach a 19.1% Stake in Enzymotec – Nasdaq

Frutarom Bought a 9.2% Stake From Paulson, Enzymotec's Largest Shareholder, to Reach a 19.1% Stake in Enzymotec – Nasdaq
Frutarom Bought a 9.2% Stake From Paulson, Enzymotec's Largest Shareholder, to Reach a 19.1% Stake in EnzymotecNasdaqThe Company also announces its intention to make a full and special tender offer (as in the meaning of these terms in Israel's Companies' Law 5759-1999 ("the Companies' Law") in cash ("the Tender Offer"), through a subsidiary, for the acquisition of …and more »
Frutarom Bought a 9.2% Stake From Paulson, Enzymotec's Largest Shareholder, to Reach a 19.1% Stake in Enzymotec – Nasdaq

NCLT awards operational costs to investors – Economic Times

NCLT awards operational costs to investors – Economic Times
Economic TimesNCLT awards operational costs to investorsEconomic TimesA Mumbai NCLT bench, which is hearing a debt-recovery petition against Yash Birla-firm Shloka Edutech, has ordered the company to pay Rs 40,000 to two applicants to cover operational costs associated with their appearance in the last two hearings.
NCLT awards operational costs to investors – Economic Times

Insolvency professionals face threats, draw staff ire while evaluating plans for debt-laden companies – Economic Times

Insolvency professionals face threats, draw staff ire while evaluating plans for debt-laden companies – Economic Times
Economic TimesInsolvency professionals face threats, draw staff ire while evaluating plans for debt-laden companiesEconomic Times… professional services firm, had received a message from his turnaround and business support partner, Sundaresh Bhat, who had just taken over ABG Shipyard as interim resolution professional (IRP) on an order by the National Company Law Tribunal.
Insolvency professionals face threats, draw staff ire while evaluating plans for debt-laden companies – Economic Times

'We need to act urgently': MPs panic as Guptas offload their assets – News24

'We need to act urgently': MPs panic as Guptas offload their assets – News24
News24'We need to act urgently': MPs panic as Guptas offload their assetsNews24The panic was fuelled by the news this morning that the Gupta-owned Oakbay Investments was selling its mining business, Tegeta, to a Swiss-based company called Charles King SA. The news broke only 48 hours after the company announced the sale of its …and more »
'We need to act urgently': MPs panic as Guptas offload their assets – News24

How NCLT helps to bear legal expenses – Economic Times

How NCLT helps to bear legal expenses – Economic Times
Economic TimesHow NCLT helps to bear legal expensesEconomic TimesA Mumbai NCLT bench, which is hearing a debt-recovery petition against Yash Birla-firm Shloka Edutech, has ordered the company to pay Rs 40,000 to two applicants to cover operational costs associated with their appearance in the last two hearings.
How NCLT helps to bear legal expenses – Economic Times

McDonald's challenges Vikram Bakshi's reinstatement in company law appellate tribunal – Firstpost

McDonald's challenges Vikram Bakshi's reinstatement in company law appellate tribunal – Firstpost
FirstpostMcDonald's challenges Vikram Bakshi's reinstatement in company law appellate tribunalFirstpostNew Delhi: McDonald's India on Wednesday said it has challenged before the NCLAT the order of National Company Law Tribunal (NCLT) reinstating estranged partner Vikram Bakshi as Managing Director of its joint venture, CPRL. Connaught Plaza …McDonald's nominees knew that royalty was not being paid: Vikram BakshiBusiness StandardWhy McDonald's employees, eyeing job losses, now have a reason to rejoiceFinancial Expressall 30 news articles »
McDonald's challenges Vikram Bakshi's reinstatement in company law appellate tribunal – Firstpost

Supreme Court to hear plea of Jaypee home buyers on Thursday – The Indian Express

Supreme Court to hear plea of Jaypee home buyers on Thursday – The Indian Express
Moneycontrol.comSupreme Court to hear plea of Jaypee home buyers on ThursdayThe Indian ExpressHundreds of home buyers have been left in the lurch after the National Company Law Tribunal (NCLT), on August 10, admitted the IDBI Bank's plea for initiating insolvency proceedings against the debt-ridden realty company for defaulting on a Rs 526 …Here's how home buyers of these 27 Jaypee projects need to submit claim to IRPEconomic TimesThree Amrapali Group companies could face insolvency proceedings under IBCMoneycontrol.comAfter Jaypee Infratech, insolvency move may be initiated against 3 Amrapali companiesTimes NowLivemint -The Quintall 18 news articles »
Supreme Court to hear plea of Jaypee home buyers on Thursday – The Indian Express

Banks may face a big hit on insolvency provisioning norms – Economic Times

Banks may face a big hit on insolvency provisioning norms – Economic Times
Economic TimesBanks may face a big hit on insolvency provisioning normsEconomic TimesVNR Infrastructures and Innoventive Industries' valuations at the bankruptcy courts is just about 10% of the total loan amounts, making analysts question if the Reserve Bank of India's 50 per cent provisioning for all National Company Law Tribunal …and more »
Banks may face a big hit on insolvency provisioning norms – Economic Times

Forced Insolvency Taking India Deals to $80 Billion, Moelis Says – Bloomberg

Forced Insolvency Taking India Deals to Billion, Moelis Says – Bloomberg
BloombergForced Insolvency Taking India Deals to $80 Billion, Moelis SaysBloombergThe National Company Law Tribunal has agreed to start insolvency proceedings against Essar Steel, Monnet Ispat & Energy Ltd., Jaypee Infratech and Bhushan Steel among others. A repayment plan must now be completed within 180 days, with a 90-day …and more »
Forced Insolvency Taking India Deals to Billion, Moelis Says – Bloomberg

Former Alevo employee sues company for allegedly violating layoff law – Charlotte Observer

Former Alevo employee sues company for allegedly violating layoff law – Charlotte Observer
Charlotte ObserverFormer Alevo employee sues company for allegedly violating layoff lawCharlotte ObserverA laid-off employee from battery maker Alevo filed a lawsuit Tuesday in federal bankruptcy court alleging the company violated a law requiring it to give workers 60 days' notice of a downsizing. The U.S. arms of Alevo, the Swiss battery maker with a …and more »
Former Alevo employee sues company for allegedly violating layoff law – Charlotte Observer

Dakota Access Pipeline owner sues Greenpeace, arguing it broke organized crime law – Washington Post

Dakota Access Pipeline owner sues Greenpeace, arguing it broke organized crime law – Washington Post
Washington PostDakota Access Pipeline owner sues Greenpeace, arguing it broke organized crime lawWashington PostBy filing a lawsuit against the activists in U.S. District Court in North Dakota on Tuesday, the Dallas-based oil and gas company Energy Transfer Partners became the second firm to accuse Greenpeace of breaking a federal organized crime law used to try …Energy Transfer Suit Claims Greenpeace Incites Eco-TerrorismBloombergall 25 news articles »
Dakota Access Pipeline owner sues Greenpeace, arguing it broke organized crime law – Washington Post

How one small company exploits a loophole in a federal transparency law – STAT

How one small company exploits a loophole in a federal transparency law – STAT
STATHow one small company exploits a loophole in a federal transparency lawSTATgene therapy for a rare disease is unlikely to come cheap, so one fledgling biotech recently reached out to experts for insights into winning over cost-conscious hospitals. And to lure these experts to a so-called advisory meeting, the company used an …
How one small company exploits a loophole in a federal transparency law – STAT

Scott+Scott, Attorneys at Law, LLP Announces October 16th Lead Plaintiff Deadline in Securities Class Action Against … – Markets Insider

Scott+Scott, Attorneys at Law, LLP Announces October 16th Lead Plaintiff Deadline in Securities Class Action Against … – Markets Insider
New York Business JournalScott+Scott, Attorneys at Law, LLP Announces October 16th Lead Plaintiff Deadline in Securities Class Action Against …Markets Insider… Attorneys at Law, LLP ("Scott+Scott"), a national shareholder and consumer rights litigation firm, announces that two securities class action lawsuits have been filed against Blue Apron Holdings Inc. ("Blue Apron" or the "Company") (NYSE: APRN …Four law firms claim Blue Apron misled investorsNew York Business Journalall 69 news articles »
Scott+Scott, Attorneys at Law, LLP Announces October 16th Lead Plaintiff Deadline in Securities Class Action Against … – Markets Insider

France Forcing Corporate Transparency With New Law – WWD

France Forcing Corporate Transparency With New Law – WWD
WWDFrance Forcing Corporate Transparency With New LawWWDThe new law requires companies headquartered in France with at least 5,000 domestic employees or at least 10,000 employees globally to document and make public their efforts to prevent and rectify any environmental and human rights abuses.
France Forcing Corporate Transparency With New Law – WWD

Has India's First Insolvency Resolution Approval Set A Dangerous Precedent? – BloombergQuint

Has India's First Insolvency Resolution Approval Set A Dangerous Precedent? – BloombergQuint
BloombergQuintHas India's First Insolvency Resolution Approval Set A Dangerous Precedent?BloombergQuintIt's made headlines as the first case in which a National Company Law Tribunal has approved a resolution plan. But that's not the most noteworthy feature of this judgment. In 2005, Hyderabad-based company Synergies Dooray Automotive Ltd. leased its …
Has India's First Insolvency Resolution Approval Set A Dangerous Precedent? – BloombergQuint

DTI to host company law seminar in Gauteng – Independent Online

DTI to host company law seminar in Gauteng – Independent Online
Independent OnlineDTI to host company law seminar in GautengIndependent OnlineJOHANNESBURG – The Department of Trade and Industry (DTI) and the Specialist Committee on CompanyLaw will host the Company Law Seminar at the Industrial Development Corporation (IDC) in Sandton, Gauteng from 24-25 August 2017. The purpose …
DTI to host company law seminar in Gauteng – Independent Online

Marijuana Company of America Has Retained The Brand Law Firm, PA, And, Craig A. Brand, Esq. – Marketwired (press release)

Marijuana Company of America Has Retained The Brand Law Firm, PA, And, Craig A. Brand, Esq. – Marketwired (press release)
Marijuana Company of America Has Retained The Brand Law Firm, PA, And, Craig A. Brand, Esq.Marketwired (press release)("MCOA" or the "Company") ( OTC : MCOA), an innovative cannabis and hemp marketing company, is pleased to announce that it has retained Craig A. Brand, Esq., The Brand Law Firm P.A. (TBLF), and his cannabis consulting team to provide specialized …
Marijuana Company of America Has Retained The Brand Law Firm, PA, And, Craig A. Brand, Esq. – Marketwired (press release)

Three Amrapali Group companies could face insolvency proceedings under IBC – Moneycontrol.com

Three Amrapali Group companies could face insolvency proceedings under IBC – Moneycontrol.com
Moneycontrol.comThree Amrapali Group companies could face insolvency proceedings under IBCMoneycontrol.comBank of Baroda had gone to National Company Law Tribunal (NCLT) to initiate insolvency proceedings against the three group companies — Noida's Silicon city, Greater Noida's Ultra Home Construction and Amrapali Infrastructure — for defaulting on loans.3 Amrapali cos may face insolvency moveTimes of IndiaDeals Buzz: 3 Amrapali companies may face insolvency moveLivemintall 5 news articles »
Three Amrapali Group companies could face insolvency proceedings under IBC – Moneycontrol.com

After Jaypee Infratech, insolvency move may be initiated against 3 Amrapali companies – Times Now

After Jaypee Infratech, insolvency move may be initiated against 3 Amrapali companies – Times Now
Times NowAfter Jaypee Infratech, insolvency move may be initiated against 3 Amrapali companiesTimes NowThe National Company Law Tribunal (NCLT) has reserved the verdict and may pronounce any day now. However, the plea is likely to be accepted as the lender had outstanding amounts of much more than Rs 1, 00,000, which is the minimum cutoff for …3 Amrapali cos may face insolvency moveTimes of IndiaDeals Buzz: 3 Amrapali companies may face insolvency moveLivemintall 3 news articles »
After Jaypee Infratech, insolvency move may be initiated against 3 Amrapali companies – Times Now

Levine, Jacobs & Company Member Co-Authors Article in New Jersey Law Journal – TAPinto.net

Levine, Jacobs & Company Member Co-Authors Article in New Jersey Law Journal – TAPinto.net
TAPinto.netLevine, Jacobs & Company Member Co-Authors Article in New Jersey Law JournalTAPinto.netLIVINGSTON, NJ – Michael Karu, CPA/CFF/CGMA, a member of Livingston-based accounting firm Levine, Jacobs & Company, L.L.C., recently joined forces with Alexandra Kachala, Esq., Ziegler and Zemsky, LLC, to co-author an article published in the …and more »
Levine, Jacobs & Company Member Co-Authors Article in New Jersey Law Journal – TAPinto.net

Top stocks in focus on Tuesday, 22 August 2017 – Economic Times

Top stocks in focus on Tuesday, 22 August 2017 – Economic Times
Economic TimesTop stocks in focus on Tuesday, 22 August 2017Economic TimesBharti Airtel: India's biggest mobile phone company Bharti Airtel is in advanced talks with handset makers to introduce a 4G smartphone in the lead up to Diwali for about Rs 2,500, bundling large amounts of data and voice minutes with the device to …and more »
Top stocks in focus on Tuesday, 22 August 2017 – Economic Times