The judge in the Texas Rangers bankruptcy case ruled today and -- contrary to the statements he made from the bench last week in which he suggested he was leaning in the Rangers’ favor -- held that ...
Some creditors of the bankrupt crypto exchange FTX are preparing to reject a plan that would see them recover 118 percent of the money they lost. The proposal is far less generous than it might seem, ...
The trustee for Mt. Gox, the Japanese bitcoin exchange that collapsed into bankruptcy a decade ago, on Friday said the company has begun to make payments in bitcoin and in bitcoin cash to some of its ...
Liquidation involves selling a company’s assets to pay off creditors when the business becomes insolvent. Under U.S. Bankruptcy Code Section 507, creditor claims are settled in a specific order, with ...
Social Security benefits are a crucial lifeline for many retirees and disabled Americans. These payments provide essential income for the millions of people who depend on them to cover basic living ...
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Who gets a say? SCA's final word on creditor voting rights in business rescue
In Mashwayi Projects (Pty) Ltd and Others v Wescoal (Pty) Ltd and Others (29 January 2025), the Supreme Court of Appeal (SCA) ...
Investment group Fahrenheit will manage NewCo, pledging $50 million for an equity position. The restructuring involves distributing $2 billion in Bitcoin and Ethereum to creditors promptly. Unlock ...
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