February 28, 2025
A Delaware bankruptcy judge granted summary judgment on multiple counts of an adversary suit brought by debtor Byju's Alpha, giving the company and its lenders early wins in their efforts to recover $533 million worth of estate assets that were transferred to Camshaft Capital Fund before the bankruptcy.
August 07, 2024
A Delaware bankruptcy judge on Wednesday said he won't stop a former executive of the troubled U.S.-based affiliate of Indian educational technology giant Byju's from paying off a $20 million debt that had landed Byju's parent in an Indian insolvency proceeding.
August 02, 2024
Faced with clients whose behavior was so egregious it led to an arrest order and hefty fines, all the lawyers representing two key figures in Byju's Alpha's bankruptcy have tried to quit — just about the only avenue left for attorneys under such circumstances, experts have told Law360.
July 31, 2024
A Delaware bankruptcy judge on Wednesday ordered a former executive of the troubled U.S.-based affiliate of Indian educational technology giant Byju's to pay $10,000 a day in contempt sanctions for failing to provide court-ordered discovery, while his attorneys asked for the court's permission to exit the case.
July 22, 2024
The court-appointed watchdog for Miles Guo's bankruptcy has unpaused a civil racketeering conspiracy case against the Chinese billionaire after his criminal RICO case resulted in a conviction, ex-New York City mayor Rudy Giuliani's Chapter 11 case has still yet to be dissolved, and a new bankruptcy judge has ascended to the bench in New York.
July 17, 2024
Two law firms representing Camshaft Capital Fund LP and principal William Morton in the bankruptcy actions tied to the Chapter 11 of education tech company Byju's Alpha have petitioned a Delaware judge to approve their withdrawal as counsel, citing undisclosed Camshaft party failures to "uphold their obligations."
June 13, 2024
The bankruptcy of the U.S. arm of Indian education technology giant Byju's hasn't followed a typical path through Chapter 11 since it was filed in February in Delaware, and instead has featured multiple contempt of court rulings, growing fines, involuntary Chapter 11 petitions and a freezing injunction to preserve the status quo of $533 million that the debtor says went missing.
June 11, 2024
A Delaware bankruptcy judge on Tuesday suspended an arrest warrant for hedge fund Camshaft Capital's manager and ordered him to return to the U.S. within 10 days and answer questions from the bankrupt U.S. subsidiary of Byju's and its creditors, who accused him of fraudulently transferring $533 million out of the company.
May 31, 2024
The bankrupt U.S. affiliate of Indian education tech giant Byju's told a Delaware judge that a former executive should face $10,000 in daily sanctions until he shares information about the location of $533 million in debtor funds.
April 04, 2024
Former Byju's Alpha director Riju Ravindran asked a Delaware bankruptcy judge to deny the company's request to have Ravindran appear in person for a contempt hearing on his alleged violation of the court's injunction order, saying that he is caring for his elderly parents in Dubai.