stressed assets
Infrastructure
JC Flowers ARC, Cantor Fitzgerald mop up debt of road developer at huge discount
JC Flowers Asset Reconstruction Company (JCFARC) has teamed up with New York headquartered financial services firm Cantor Fitzgerald...
Finance
Dewan Housing: Why insolvency resolution processes need a greater degree of certainty
In November 2019, after reports of a large-scale financial scam, Dewan Housing Finance Corporation Ltd (DHFL) became the first...
TMT
Podcast: Making sense of the bidding war for Dewan Housing's assets
In October last year, a forensic audit conducted by KPMG on behalf of lenders to Dewan Housing Finance Corp Ltd ......
Infrastructure
IL&FS to sell China road asset to Ping An Insurance
Infrastructure Leasing & Financial Services Ltd (IL&FS) is selling its stake in a Chinese road builder to a fund managed...
Finance
Flashback 2020: Virus manages to shoo away almost everyone from stressed assets
The distressed assets market was still going through teething problems from the four-year bankruptcy law when the Covid-19 pandemic...
Finance
Ten more join long queue for assets of debt-laden Reliance Capital
US-based alternative asset manager Apollo Global Management Inc and SBI Life Insurance Company Ltd are among the new 10 bidders...
Manufacturing
Mahindra unit SsangYong files for court receivership after loan default
South Korea's SsangYong Motor Co Ltd filed for court receivership on Monday after it defaulted on loan repayment of about...
Finance
Reliance Home Finance gets only two binding bids from six suitors
Of the six entities that are in fray for debt-laden Reliance Home Finance Ltd, only two have submitted binding bids, ......
Infrastructure
Ansal Properties raising fresh equity capital after avoiding bankruptcy
North India-based developer Ansal Properties and Infrastructure Ltd (Ansal API) said Friday it has approved a plan to raise Rs...
Manufacturing
UK's Liberty House acquires second firm under insolvency law
UK-based Liberty House Group has completed its second acquisition under the bankruptcy process with the purchase of an Andhra...
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