{"id":86973,"date":"2023-11-10T08:39:47","date_gmt":"2023-11-10T03:09:47","guid":{"rendered":"http:\/\/finservwealth.com\/byjuaes-lenders-win-fight-over-loan-default-control-of-unit\/"},"modified":"2023-11-10T08:39:47","modified_gmt":"2023-11-10T03:09:47","slug":"byjuaes-lenders-win-fight-over-loan-default-control-of-unit","status":"publish","type":"post","link":"https:\/\/finservwealth.com\/hi\/byjuaes-lenders-win-fight-over-loan-default-control-of-unit\/","title":{"rendered":"Byju\u00e2\u20ac\u2122s lenders win fight over loan default, control of unit"},"content":{"rendered":"<p> The lenders \u00e2\u20ac\u201c which include Redwood Investments LLC and Silver Point Capital LP \u00e2\u20ac\u201c were within their contractual rights to replace a relative of company founder Byju Raveendran on the board of Byju\u00e2\u20ac\u2122s Alpha, a special-purpose company formed for financing purposes, with their nominee, Delaware Chancery Court Judge Morgan Zurn ruled.<\/p><div id=\"finse-1085068406\" class=\"finse-content finse-entity-placement\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9118214110898834\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-9118214110898834\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/business\/byju%C3%A2%E2%82%AC%E2%84%A2s-lenders-win-fight-over-loan-default-controlunit_17319621.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0The lenders \u00e2\u20ac\u201c which include Redwood Investments LLC and Silver Point Capital LP \u00e2\u20ac\u201c were within their contractual rights to replace a relative of company founder Byju Raveendran on the board of Byju\u00e2\u20ac\u2122s Alpha, a special-purpose company formed for financing purposes, with their nominee, Delaware Chancery Court Judge Morgan Zurn ruled. The lenders \u00e2\u20ac\u201c which include Redwood Investments LLC and Silver Point Capital LP \u00e2\u20ac\u201c were within their contractual rights to replace a relative of company founder Byju Raveendran on the board of Byju\u00e2\u20ac\u2122s Alpha, a special-purpose company formed for financing purposes, with their nominee, Delaware Chancery Court Judge Morgan Zurn ruled.\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/business\/byju%C3%A2%E2%82%AC%E2%84%A2s-lenders-win-fight-over-loan-default-controlunit_17319621.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p> The lenders \u00e2\u20ac\u201c which include Redwood Investments LLC and Silver Point Capital LP \u00e2\u20ac\u201c were within their contractual rights to replace a relative of company founder Byju Raveendran on the board of Byju\u00e2\u20ac\u2122s Alpha, a special-purpose company formed for financing purposes, with their nominee, Delaware Chancery Court Judge Morgan Zurn ruled.<\/p>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/business\/byju%C3%A2%E2%82%AC%E2%84%A2s-lenders-win-fight-over-loan-default-controlunit_17319621.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0The lenders \u00e2\u20ac\u201c which include Redwood Investments LLC and Silver Point Capital LP \u00e2\u20ac\u201c were within their contractual rights to replace a relative of company founder Byju Raveendran on the board of Byju\u00e2\u20ac\u2122s Alpha, a special-purpose company formed for financing purposes, with their nominee, Delaware Chancery Court Judge Morgan Zurn ruled. The lenders \u00e2\u20ac\u201c which include Redwood Investments LLC and Silver Point Capital LP \u00e2\u20ac\u201c were within their contractual rights to replace a relative of company founder Byju Raveendran on the board of Byju\u00e2\u20ac\u2122s Alpha, a special-purpose company formed for financing purposes, with their nominee, Delaware Chancery Court Judge Morgan Zurn ruled.\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/business\/byju%C3%A2%E2%82%AC%E2%84%A2s-lenders-win-fight-over-loan-default-controlunit_17319621.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>\n<p><!-- \/wp:html --> The lenders \u00e2\u20ac\u201c which include Redwood Investments LLC and Silver Point Capital LP \u00e2\u20ac\u201c were within their contractual rights to replace a relative of company founder Byju Raveendran on the board of Byju\u00e2\u20ac\u2122s Alpha, a special-purpose company formed for financing purposes, with their nominee, Delaware Chancery Court Judge Morgan Zurn ruled.<\/p>","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[70],"tags":[],"class_list":["post-86973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news"],"jetpack_featured_media_url":"https:\/\/www.moneycontrol.com\/news_image_files\/2021\/200x200\/B\/Byjus_200.jpg","_links":{"self":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/86973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/comments?post=86973"}],"version-history":[{"count":0,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/86973\/revisions"}],"wp:attachment":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/media?parent=86973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/categories?post=86973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/tags?post=86973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}