January 29, 2025
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.
December 03, 2024
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.
November 27, 2024
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.
November 12, 2024
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.
August 20, 2024
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.
August 09, 2024
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.
August 07, 2024
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.
August 05, 2024
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.
August 02, 2024
Faced with clients whose behavior was so egregious it led to an arrest order and hefty fines, all the lawyers representing two key figures in Byju's Alpha's bankruptcy have tried to quit — just about the only avenue left for attorneys under such circumstances, experts have told Law360.
July 31, 2024
A Delaware bankruptcy judge on Wednesday ordered a former executive of the troubled U.S.-based affiliate of Indian educational technology giant Byju's to pay $10,000 a day in contempt sanctions for failing to provide court-ordered discovery, while his attorneys asked for the court's permission to exit the case.