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#bankruptcy
Coindesk
1 month ago
Business

Was Sam Bankman-Fried Proven Right About FTX's Solvency?

FTX over-recovered funds post-bankruptcy, paying customers more than owed and raising doubts on previous financial status. [ more ]
www.nytimes.com
1 month ago
New York City

In Bankruptcy, Giuliani Set a $43,000 Monthly Budget. Creditors Are Skeptical.

Rudolph W. Giuliani's bankruptcy filing revealed a proposed $43,000 monthly budget that he ultimately exceeded, raising concerns among his creditors. [ more ]
therealdeal.com
3 months ago
LA real estate

Oceanwide Plaza Faces Involuntary Bankruptcy Petition

Unpaid debts lead to bankruptcy filing
China Oceanwide's financial troubles revealed [ more ]
Intelligencer
4 months ago
US politics

Rudy Giuliani's Most Eye-Popping Claims From His Bankruptcy Hearing

Rudy Giuliani has filed for bankruptcy after being ordered to pay $148 million in damages for defaming Georgia election workers.
Giuliani's actual net worth is unclear, as he claims to have a monthly net income of $2,308 but creditors are skeptical. [ more ]
Above the Law
6 months ago
Law

Will Former Stroock Partners Ever See Their Capital Again?

The advisory firm Teneo is working to wind down the failed firm Stroock & Stroock & Lavan without a bankruptcy filing.
Former partners may not receive a distribution of capital as they are last in line after winddown costs, payments to lenders, and payments to unsecured creditors. [ more ]
www.mediaite.com
1 week ago
New York City

Extremely Problematic': Giuliani Gets Scolded in Bankruptcy Court for Failures to Comply' With Filings

Rudy Giuliani's bankruptcy situation is facing severe scrutiny and potential dismissal due to his lack of engagement and compliance with legal proceedings. [ more ]
Coindesk
1 month ago
Business

Was Sam Bankman-Fried Proven Right About FTX's Solvency?

FTX over-recovered funds post-bankruptcy, paying customers more than owed and raising doubts on previous financial status. [ more ]
www.nytimes.com
1 month ago
New York City

In Bankruptcy, Giuliani Set a $43,000 Monthly Budget. Creditors Are Skeptical.

Rudolph W. Giuliani's bankruptcy filing revealed a proposed $43,000 monthly budget that he ultimately exceeded, raising concerns among his creditors. [ more ]
therealdeal.com
3 months ago
LA real estate

Oceanwide Plaza Faces Involuntary Bankruptcy Petition

Unpaid debts lead to bankruptcy filing
China Oceanwide's financial troubles revealed [ more ]
Intelligencer
4 months ago
US politics

Rudy Giuliani's Most Eye-Popping Claims From His Bankruptcy Hearing

Rudy Giuliani has filed for bankruptcy after being ordered to pay $148 million in damages for defaming Georgia election workers.
Giuliani's actual net worth is unclear, as he claims to have a monthly net income of $2,308 but creditors are skeptical. [ more ]
Above the Law
6 months ago
Law

Will Former Stroock Partners Ever See Their Capital Again?

The advisory firm Teneo is working to wind down the failed firm Stroock & Stroock & Lavan without a bankruptcy filing.
Former partners may not receive a distribution of capital as they are last in line after winddown costs, payments to lenders, and payments to unsecured creditors. [ more ]
www.mediaite.com
1 week ago
New York City

Extremely Problematic': Giuliani Gets Scolded in Bankruptcy Court for Failures to Comply' With Filings

Rudy Giuliani's bankruptcy situation is facing severe scrutiny and potential dismissal due to his lack of engagement and compliance with legal proceedings. [ more ]
morebankruptcy
Coindesk
2 months ago
Cryptocurrency

Mt. Gox's Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns

Mt. Gox creditors may soon receive payouts of over $9 billion in BTC, potentially impacting the crypto market negatively. [ more ]
WSJ
7 months ago
Business intelligence

Firm Retention Summary: SmileDirectClub

The Official Committee of Unsecured Creditors of SmileDirectClub is seeking to hire Paul Hastings as counsel in their bankruptcy case.
Paul Hastings would assist the committee in advocating for the interests of the unsecured creditors.
The request is part of the ongoing bankruptcy proceedings of SmileDirectClub. [ more ]
WSJ
7 months ago
Business intelligence

Firm Retention Summary: Benitago

The Official Committee of Unsecured Creditors of Benitago is seeking to hire Dechert as lead counsel.
The request was filed with the U.S. Bankruptcy Court in New York on Oct. 27. [ more ]
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