unsecured creditor committee

  • #Suspension of Voyager Asset Sale to Binance.US Approved by Southern District Court of New York

    According to reports, after the District Judge Jennifer Rearden of the Southern District Court of New York approved the plan proposed by the United States Department of Justice to

    03/28/2023
    117
  • FTX reveals $4.8bn assets and $11.6bn claims in Delaware bankruptcy filing

    According to reports, in a document submitted to the Delaware Bankruptcy Court on March 17th, the FTX debtor submitted a report on its Statement of Financial Position (SOFA) to the unsecured creditor committee, which also detailed the company’s assets and claims. According to the filing, the West Real Shires Group – including FTX US, Ledger X, FTX.com, Alameda Research, and FTX Ventures – has approximately $4.8 billion in assets and $11.6 billion in scheduled claims, but many crypto assets are “undetermined” and there is “limited information” about cryptocurrency donations. FTX debtors reported a claim of $11.6 billion and assets of $4.8 billion Analysis based on this information:The recent Delaware Bankruptcy Court filing by FTX’s debtor has revealed some key financial information pertaining to the company’s assets and claims. According to the report submitted on March 17th, FTX’s Statement of Financial Position (SOFA) shows that the West Real Shires Group – which comprises FTX US, Ledger X, FTX.com, Alameda Research, and…

    03/18/2023
    123
  • Unsecured Creditor Committee (UCC) of Celsius challenged by the Federal Judge

    On March 10, the official unsecured creditor committee (UCC) of Celsius tweeted: \”U.S. federal judge Martin Glenn disagreed with the views of UCC and Celsius. …

    03/10/2023
    119