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Byju s Loses One Of Its Units To Lenders After $1 2 Billion Loan Default

In a recent legal development, Byju's, once hailed as one of India's hottest tech startups in the education technology sector, is facing a significant challenge as lenders, including Redwood Investments LLC and Silver Point Capital LP, have seized control of a unit of the company due to a reported default on a $1.2 billion loan.

United statesMorgan zurnByju alphaTimothy pohlRedwood investmentsDelaware chancery courtA holding company to protect lender rightsSilver point capitalAssert control through legal meansDisputed leadershipChancery court judge morgan zurnJudge zurnHolding companyProtect lender rightsDefault triggersMed tech industry

WeWork creditors brace for losses as bankruptcy hearings start

WeWork creditors brace for losses as bankruptcy hearings start
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New jerseyUnited statesNova scotiaBlackrock incSoftbank group corpWework incBank group corpKing street capitalSilver point capital

Lumen Debt Restructuring Draws Ire From Left-Behind Creditors

Lumen Debt Restructuring Draws Ire From Left-Behind Creditors
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Pacific investment management coLumen technologies incBlackrock incTechnologies incSilver point capitalDiameter capital partners

Lumen Debt Restructuring Draws Ire From Left-Behind Creditors

Lumen Debt Restructuring Draws Ire From Left-Behind Creditors
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Nova scotiaMichael tobinGibson dunn crutcherEliza ronalds hannonGibson dunnPacific investment management coEvercore incQwest corpLumen technologies incBlackrock incTechnologies incSilver point capitalDiameter capital partners

Lumen Debt Restructuring Draws Ire From Left-Behind Creditors

Lumen Debt Restructuring Draws Ire From Left-Behind Creditors
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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