Byju's Lenders Want To Claw Back $533M Hedge Fund Pay

By Rick Archer · February 5, 2024, 7:57 PM EST

The U.S. arm of Indian technology giant Byju's told a Delaware bankruptcy judge Monday the subsidiary will use its Chapter 11 case to try clawing back more than half a billion dollars...

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Bankruptcy Scorecard

Summary

The American arm of Indian technology giant Byju filed for Chapter 11 months after a Delaware state court put lenders in charge of the business.

Case Number

1:24-bk-10140

Judge

John Dorsey

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1,457,062,112

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Case Information

Case Title

BYJU's Alpha, Inc.

Case Number

1:24-bk-10140

Court

Delaware

Nature of Suit

Date Filed

February 01, 2024