Delaware Supreme Court ruling affirms Byju's liable to Glas Trust as defaulter

The order is a setback to the edtech company, accused of breaching and defaulting on the credit agreement it knowingly and willingly entered.

24 September, 20242 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Internet
Story image

Karan Bajaj, the serial startup hustler, is back

The guy who preyed on your insecurities and sold coding classes for your kids is back to help your loved ones fight cancer. Don’t say we did not warn you.

Business
Story image

IndiGo’s Rahul Bhatia may have another winner—in hospitality

The partnership between his InterGlobe Hotels and French multinational Accor poses a serious challenge to the leadership of Tata’s IHCL and American multinational Marriott in the hospitality business.

Internet
Story image

Is Rapido’s plan to expand beyond ride-hailing a good idea?

The decade-old company is reportedly planning to venture into food delivery and fintech. Its no-commission model might just come in handy for its expansion plans.