Late in the evening on Feb. 23, 2021, the department store chain Belk Inc. and 17 affiliates filed prepackaged bankruptcy cases in the U.S. Bankruptcy Court for the Southern District of Texas. In ...

Xact Prepack, a sustainable packaging solutions provider, has entered into a strategic partnership with Termoformas, a manufacturer of plastic packaging, to develop products for food applications.

Although prepack administration is seen as a necessary evil by many in the property industry, plans are afoot to make the process less reviled. The Insolvency Service has been working on plans to give ...

The government will likely roll out a ‘prepack’ insolvency framework soon, as a panel under Insolvency and Bankruptcy Board of India (IBBI) chairman MS Sahoo will submit its report later this month.