{"id":859685,"date":"2024-09-25T09:37:41","date_gmt":"2024-09-25T04:07:41","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=859685"},"modified":"2024-09-25T09:38:46","modified_gmt":"2024-09-25T04:08:46","slug":"delaware-supreme-court-ruling-affirms-edtech-firm-byjus-defaulted-on-term-loan-b","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/25\/delaware-supreme-court-ruling-affirms-edtech-firm-byjus-defaulted-on-term-loan-b\/","title":{"rendered":"Delaware Supreme Court ruling affirms edtech firm BYJU&#8217;s defaulted on Term Loan B"},"content":{"rendered":"<p>The Delaware Supreme Court ruling has affirmed that edtech firm BYJU&#8217;s has defaulted on Term Loan B. <\/p>\n<p>BYJU&#8217;s US-based lenders on Tuesday said the Delaware Supreme Court affirmed the previous ruling by Delaware Court of Chancery&#8217;s and said an event of default had occurred under the credit agreement and entitled BYJU&#8217;s lenders and their administrative agent, GLAS Trust for action against the company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Delaware Supreme Court ruling has affirmed that edtech firm BYJU&#8217;s has defaulted on Term Loan B. BYJU&#8217;s US-based lenders on Tuesday said the Delaware Supreme Court affirmed the previous ruling by Delaware Court of Chancery&#8217;s and said an event of default had occurred under the credit agreement and entitled BYJU&#8217;s lenders and their administrative agent, GLAS Trust for action against the company.<\/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-859685","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\/859685","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=859685"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/859685\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=859685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=859685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=859685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}