{"id":852358,"date":"2024-09-05T10:35:08","date_gmt":"2024-09-05T05:05:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=852358"},"modified":"2024-09-05T10:35:58","modified_gmt":"2024-09-05T05:05:58","slug":"byjus-insolvency-us-lenders-rep-glas-trust-claim-denied-by-resolution-professional","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/05\/byjus-insolvency-us-lenders-rep-glas-trust-claim-denied-by-resolution-professional\/","title":{"rendered":"Byju&#8217;s insolvency: US lenders\u2019 rep Glas Trust claim denied by resolution professional"},"content":{"rendered":"<p>Edtech firm Byju\u2019s insolvency resolution professional has removed the company\u2019s $1.2-billion Term Loan B lenders\u2019 representative Glas Trust from the committee of creditors, according to sources. <\/p>\n<p>The lenders have alleged that the move is unlawful and Byju\u2019s insolvency resolution professional (IRP) has been secretly plotting against the $1.35-billion claim of US lenders against the beleaguered ed-tech firm.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Edtech firm Byju\u2019s insolvency resolution professional has removed the company\u2019s $1.2-billion Term Loan B lenders\u2019 representative Glas Trust from the committee of creditors, according to sources. The lenders have alleged that the move is unlawful and Byju\u2019s insolvency resolution professional (IRP) has been secretly plotting against the $1.35-billion claim of US lenders against the beleaguered ed-tech firm.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[83,4,22],"tags":[],"class_list":["post-852358","post","type-post","status-publish","format-standard","hentry","category-it-2-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/852358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=852358"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/852358\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=852358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=852358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=852358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}