Tag: Bankruptcy

Bankruptcy

17 May, 2018 Ericsson files bankruptcy plea against Reliance Comm

On Tuesday, 15th May, the National Company Law Tribunal (NCLT) admitted an insolvency plea filed by Sweden’s Ericsson against India’s Reliance Communications (RCom), ruining or at least delaying the latter’s plans of selling its wireless assets to Reliance Jio Infocomm, to l...

Bankruptcy

12 Dec, 2017 SLS Las Vegas ‘On The Verge Of Bankruptcy’

According to reports, a relatively new casino on the Las Vegas strip is ‘on the verge of bankruptcy’ and may also be facing legal issues. SLS Las Vegas, formerly known as The Sahara, promised US Citizenship to a bunch of Chinese investors under the 1990 EB-5 Immigrant Invest...

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