BYJU's Alpha, Inc.
Case Number:
1:24-bk-10140
Court:
Nature of Suit:
Firms
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February 28, 2025
Byju's Gets Early Win In Suit Over Fraud In Transfer of $533M
A Delaware bankruptcy judge granted summary judgment on multiple counts of an adversary suit brought by debtor Byju's Alpha, giving the company and its lenders early wins in their efforts to recover $533 million worth of estate assets that were transferred to Camshaft Capital Fund before the bankruptcy.
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February 03, 2025
Under The Radar: Bankruptcy News You May Have Missed
A New Jersey event venue, a lithium battery maker and the operator of one of the world's largest cobalt refineries hit Chapter 11; retailer Party City wants to beef up security for its current and former directors, citing threats of violence; and yet another former member of Byju's Alpha's top brass was sanctioned for contempt of court.
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January 29, 2025
Tech Co. Sanctioned For Interference In Byju's Ch. 11
A Delaware bankruptcy judge Wednesday ordered $25,000-a-day sanctions against Voizzit Technology Private Ltd. for interfering with three bankrupt subsidiaries of Indian educational technology giant Byju's, finding Voizzit in contempt of a temporary restraining order.
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December 03, 2024
Byju's Unit Trustee Calls Ch. 11 Stay Violation 'Egregious'
The Chapter 11 trustee of three units affiliated with Indian education technology giant Byju's told a Delaware bankruptcy judge on Tuesday that "egregious" and continuing violations of an automatic stay triggered by the affiliates' bankruptcy filings should be met with punitive damage sanctions.
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November 27, 2024
Byju's Unit Trustee Seeks Sanctions For Ch. 11 Stay Violations
The Chapter 11 trustee for three U.S.-based subsidiaries of Indian educational technology giant Byju's has urged a Delaware bankruptcy judge to sanction a handful of parties that she alleged have violated an automatic stay by interfering with the Byju's units' property.
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November 12, 2024
Judge Locks Down Byju Entity's IP In Ch. 11
A Delaware bankruptcy judge Tuesday voided transfers of an Apple App Store account linked to the insolvent U.S.-based financing arm of Indian education technology giant Byju's, as the Chapter 11 trustee overseeing one of its debtor subsidiaries rang the alarm about "bad actors" trying to make off with the unit's cash and intellectual property.
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August 20, 2024
Byju's US Units Face Lenders' Bid For Discovery Sanctions
Creditors of the insolvent U.S.-based financing arm of Indian education technology giant Byju's have asked a Delaware bankruptcy judge to bar other Byju's subsidiaries from disputing issues of fact tied to an involuntary Chapter 11 petition filed against those units, alleging they did not comply with discovery requests.
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August 09, 2024
Judge Rejects Camshaft Bid To Dismiss Byju's Ch. 11 Case
A Delaware bankruptcy judge denied hedge fund Camshaft Capital's request to dismiss the Chapter 11 case of the U.S.-based affiliate of Indian educational technology giant Byju's, finding the debtor had good reason to file for bankruptcy.
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August 07, 2024
Judge Says Byju's Exec Can Make $20M Settlement Payment
A Delaware bankruptcy judge on Wednesday said he won't stop a former executive of the troubled U.S.-based affiliate of Indian educational technology giant Byju's from paying off a $20 million debt that had landed Byju's parent in an Indian insolvency proceeding.
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August 05, 2024
Byju's Ex-Exec Fined, Giuliani Case Over, Ebix Gets Plan OK
A former executive of a subsidiary of Indian tech giant Byju's is facing $10,000 a day in contempt fines, ex-New York City mayor Rudy Giuliani's bankruptcy case is over, and insurance software company Ebix got approval for its Chapter 11 plan. This was the week in bankruptcy.