DCL Corporation Commences U.S. and Canadian Restructuring … – PR Newswire Asia

TORONTO, Dec. 22, 2022 /PRNewswire/ — To facilitate the ongoing process to sell its businesses, DCL Corporation (DCL or the Company), a leading manufacturer and reseller of color pigments, announced today that, on December 20, 2022, its United States based subsidiaries have filed voluntary petitions for a court-supervised reorganization under Chapter 11 of the Bankruptcy…

TuSimple Announces Restructuring with a Focus on Investing in … – PR Newswire

Key points of the restructuring plan: Focus on capital discipline given macroeconomic conditions and industry readiness. Strategic investments on highest value-added projects, namely the validation and commercialization of TuSimple’s leading autonomous trucking technology. Restructuring impacts approximately 350 employees, or 25% of TuSimple’s workforce; 80% of the remaining approximately 1,100 TuSimple employees are in R&D functions.…

TuSimple Announces Restructuring with a Focus on Investing in R&D to Advance Autonomous Trucking Technology – Yahoo Finance

Key points of the restructuring plan: Focus on capital discipline given macroeconomic conditions and industry readiness. Strategic investments on highest value-added projects, namely the validation and commercialization of TuSimple’s leading autonomous trucking technology. Restructuring impacts approximately 350 employees, or 25% of TuSimple’s workforce; 80% of the remaining approximately 1,100 TuSimple employees are in R&D functions.…

Student Debt Relief Faces a ‘Thorny’ Battle in the Supreme Court, According to This Lawyer – CNET

In February, the Supreme Court is slated to make a decision on President Biden’s student debt relief plan. With the administration facing an intense uphill legal battle, millions of borrowers are left wondering what’s next. In August, the White House an… Read the full article at: https://www.cnet.com/personal-finance/loans/student-debt-relief-faces-a-thorny-battle-in-the-supreme-court-according-to-this-lawyer/

NCLAT rejects Promoters plea challenging insolvency of Srei group cos | Mint – Mint

MUMBAI : The National Company Law Appellate Tribunal (NCLT) on Wednesday rejected Srei Infrastructure Finances promoter Adisri Commercials plea challenging the Kolkata National Company Law Tribunals 8 October 2021 insolvency order. In October last year, the NCLTs Kolkata bench in its order allowed the Reserve Bank of Indias application under section 227 of the Insolvency…

DCL Corporation Commences U.S. and Canadian Restructuring … – PR Newswire

TORONTO, Dec. 21, 2022 /PRNewswire/ — To facilitate the ongoing process to sell its businesses, DCL Corporation (DCL or the Company), a leading manufacturer and reseller of color pigments, announced today that, on December 20, 2022, its United States based subsidiaries have filed voluntary petitions for a court-supervised reorganization under Chapter 11 of the Bankruptcy…

Boris Becker speaks publicly about time in prison, ‘loneliest moment’ – ESPN Australia

10:08 PM GMT Associated Press BERLIN — Tennis great Boris Becker tearfully recounted the moment the door of his single-occupancy cell at Britain’s notorious Wandsworth prison closed for the first time, speaking publicly after serving eight months for bankruptcy offenses. “It was the loneliest moment I’ve ever had in life,” Becker said in an interview…