John T.Dorsey News
04.12 / 03:47
markets
Action
Fighting
Software
Experts
PAM
Courts
Byju’s content manager, business partner face US court sanctions
A federal judge is considering imposing millions of dollars in sanctions on Byju’s manager Vinay Ravindra and company ally Rajendran Vellapalath, who founded Dubai-based tech startup Voizzit Technology. At a court hearing Tuesday, US Bankruptcy Judge John T. Dorsey said he will issue an “order to show cause” that would force the two tech executives to justify their actions, or be declared in contempt of court and be required to pay financial penalties.
15.03 / 14:17
Williams
CEO
Parke
concert
Schools
Courts
rights
Byju’s lender group says US court ordered freezing $533 million
Byju's $1.2 billion term loan said on Friday that judge John T Dorsey of the United States Bankruptcy Court for the District of Delaware has issued an order prohibiting the edtech firm from transferring or using any of the $533 million in loan proceeds previously held by Camshaft Capital Fund, LP and subsequently transferred to an unnamed, unknown offshore trust. The court, according to the lender statement, also found that company founders Byju Raveendran and Divya Gokulnath are working in concert with Byju's Alpha and ordered them to comply with its ruling.
22.01 / 20:41
Provident
Career
CEO
FTX bankruptcy
reports
Courts
Investigations
FTX to Face Independent Investigation, Federal Appeals Court Rules
An independent bankruptcy examiner must complete an investigation into the collapse of FTX, a federal appeals court ruled Friday.
27.01 / 16:09
business
Law
regulation
FTX
Court
Lawyers
FTX lawyers to reap millions from the bankruptcy case: Report
Controversial law firm Sullivan & Cromwell is on track to reap a fortune from its work on the bankruptcy case of the FTX cryptocurrency exchange, according to a new report.
12.01 / 01:51
business
FTX
Bankruptcy
Miami-Dade gains right to remove FTX name from Heat arena
Miami-Dade County will soon start to remove FTX's advertising brand from the NBA’s Miami Heat arena, after granting the right from a United States bankruptcy judge in Delaware on Jan. 11, the Associated Press reports.
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