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Fast Company
1 month ago
Business

FTX bankruptcy: What customers should know about getting their money back with interest

FTX's legal team announced a reorganization plan to repay customers who lost assets, up to 118% of the asset's value, pending Delaware court approval. [ more ]
Engadget
1 month ago
Business

FTX plans to refund defrauded customers with interest

FTX aims to repay non-governmental creditors in full with interest based on their claims.
FTX will distribute between $14.5 billion and $16.3 billion to creditors through a diverse collection of assets. [ more ]
Fast Company
1 month ago
Business

FTX bankruptcy: What customers should know about getting their money back with interest

FTX's legal team announced a reorganization plan to repay customers who lost assets, up to 118% of the asset's value, pending Delaware court approval. [ more ]
Engadget
1 month ago
Business

FTX plans to refund defrauded customers with interest

FTX aims to repay non-governmental creditors in full with interest based on their claims.
FTX will distribute between $14.5 billion and $16.3 billion to creditors through a diverse collection of assets. [ more ]
moreftx
www.nytimes.com
6 months ago
US news

At Core of Purdue Pharma Case: Who Can Get Immunity in Settlements?

The Supreme Court is hearing arguments on whether a settlement involving Purdue Pharma and the Sackler family is a violation of federal law, with potential implications for other organizations using bankruptcy court to resolve mass injury claims.
The case revolves around whether a legal maneuver in the settlement agreement can grant the Sackler family full immunity from civil lawsuits related to the opioid crisis. [ more ]
WSJ
6 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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