Byju Raveendran to move US court. (Image: Wikimedia Commons) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Byju Raveendran has refuted judgement made by a US Bankruptcy Court in Delaware, which made him liable to repay over $1 billion in damages in litigation connected to allegations involving transfers of funds tied to Byju's Alpha and US-based lender GLAS Trust Company LLC.

As per a press release issued by Byju's legal team, his legal counsel McNutt stated, "We consider that the US Court erred in its judgment of this matter and will be filing the necessary appeals and other contestations related to this judgment and related orders".

According to news agency PTI, he also underlined that the judgement is a default judgment implying that the court issued it without B

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