Byju’s Must Freeze $533 Million in Win for Lenders, Judge Says
- US bankruptcy judge says cash must be preserved to pay debt
- Judge also ordered arrest of Florida hedge fund founder
This article is for subscribers only.
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.
Indian tech firm Think & Learn Pvt must freeze $533 million to protect the money for disgruntled lenders who claim the cash should only be used to pay them, a US judge said Thursday.