FTX defends pace of bankruptcy amid creditor unrest | Business Information & News | Westlaw

FTX defends pace of bankruptcy amid creditor unrest | Business Information & News | Westlaw

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FTX defends pace of bankruptcy amid creditor unrest

Dietrich KnauthREUTERS LEGAL (Approx. 4 pages)

FTX defends pace of bankruptcy amid creditor unrest

Dietrich KnauthREUTERS LEGAL (Approx. 4 pages)

8/23/23 REUTERS LEGAL 22:00:54
REUTERS LEGAL
Copyright (c) 2023 Thomson Reuters
August 23, 2023
FTX defends pace of bankruptcy amid creditor unrest
Dietrich Knauth
(Reuters) -Crypto exchange FTX on Wednesday defended the pace of its negotiations on a bankruptcy plan that would resolve all creditor claims, saying that the deal is continuing to take shape despite signs of unrest among some creditor factions.
FTX...
---- Index References ----
Company: FTX Trading Ltd.; SULLIVAN & CROMWELL LLP; EVERSHEDS SUTHERLAND (INTERNATIONAL) LLP; CAPSULE INTERNATIONAL LLC; PAUL HASTINGS LLP
News Subject: (Arbitration & Mediation (1AR68); Bankruptcies (1BA08); Business Management (1BU42); Corporate Events (1CR05); Corporate Financial Data (1XO59); Debt Restructuring (1RE45); Financially Distressed Companies (1FI85); Funding Instruments (1FU41))
Industry: (Accounting, Consulting & Legal Services (1AC73); Financial Services (1FI37); Legal Services (1LE31))
Region: (Americas (1AM92); Delaware (1DE13); North America (1NO39); U.S. Mid-Atlantic Region (1MI18); USA (1US73))
Language: EN
Other Indexing: (FTX Trading Ltd,; Sullivan & Cromwell; Eversheds Sutherland; Dorsey; Paul Hastings)
Keywords: bankruptcy; banking
Word Count: 629
End of Document© 2024 Thomson Reuters. No claim to original U.S. Government Works.