Byju’s lenders win fight over loan default, control of unit – Industry News
Lenders to Byju’s, once one of India’s hottest tech startups, properly cited a default on a $1.2 billion loan when taking over control of a unit of the education-technology provider, a Delaware judge concluded. The lenders – which include Redwood Investments LLC and Silver Point Capital LP – were within their contractual rights to replace … Read more