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Byju's US Unit Files For Bankruptcy In Delaware
A US unit of Indian education technology startup Byju's has filed for Chapter 11 bankruptcy proceedings in the US court of Delaware, listing liabilities in the range of $1 billion to $10 billion.
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FTX Alleges Former Lawyer of Aiding Sam Bankman-Fried's Fraud, Silencing Whistleblowers
FTX filed a complaint on Tuesday in US Bankruptcy Court in Delaware, accusing one of its former top lawyers, of aiding fraud by company founder Sam Bankman-Fried and silencing whistleblowers who reported wrongdoing at the company. Daniel Friedberg, a former chief compliance officer at FTX and general counsel of its related crypto hedge fund Alameda...
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FTX Gets Court Permission to Sell Its LedgerX Business to Raise Funds for Repaying Creditors
Bankrupt crypto exchange FTX received US bankruptcy court permission on Thursday to sell its LedgerX business for $50 million (nearly Rs. 408 crore), raising additional funds to repay creditors. At a hearing in Wilmington, Delaware, US Bankruptcy Judge John Dorsey signed off on FTX's sale of LedgerX, its non-bankrupt crypto derivatives trading plat...
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FTX Launches Strategic Review, Seeks Court Relief to Pay Critical Vendors
FTX said on Saturday it has launched a strategic review of its global assets and is preparing for the sale or reorganisation of some businesses. FTX, along with about 101 affiliated firms, also sought court relief to allow the operation of a new global cash management system and payment to its critical vendors.
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Analytics Firm Chainalysis Among FTX's Long List of Creditors, Reveals Court Filing
In documents filed to bankruptcy court in Delaware on Wednesday, blockchain analysis Chainalysis was identified as a creditor and asked for any relevant materials to be sent to its lawyers.
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Hertz Files For U.S. Bankruptcy Protection As Car Rentals Evaporate In Pandemic
The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business was decimated during the coronavirus pandemic and talks with creditors failed to result in much-needed relief.Hertz's board earlier in the day approved the company seeking Chapter 11 protection in a U.S. bankruptcy cour...
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Byju's US Unit Files For Bankruptcy In Delaware
A US unit of Indian education technology startup Byju's has filed for Chapter 11 bankruptcy proceedings in the US court of Delaware, listing liabilities in the range of $1 billion to $10 billion.
-
FTX Alleges Former Lawyer of Aiding Sam Bankman-Fried's Fraud, Silencing Whistleblowers
FTX filed a complaint on Tuesday in US Bankruptcy Court in Delaware, accusing one of its former top lawyers, of aiding fraud by company founder Sam Bankman-Fried and silencing whistleblowers who reported wrongdoing at the company. Daniel Friedberg, a former chief compliance officer at FTX and general counsel of its related crypto hedge fund Alameda...
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FTX Gets Court Permission to Sell Its LedgerX Business to Raise Funds for Repaying Creditors
Bankrupt crypto exchange FTX received US bankruptcy court permission on Thursday to sell its LedgerX business for $50 million (nearly Rs. 408 crore), raising additional funds to repay creditors. At a hearing in Wilmington, Delaware, US Bankruptcy Judge John Dorsey signed off on FTX's sale of LedgerX, its non-bankrupt crypto derivatives trading plat...
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FTX Launches Strategic Review, Seeks Court Relief to Pay Critical Vendors
FTX said on Saturday it has launched a strategic review of its global assets and is preparing for the sale or reorganisation of some businesses. FTX, along with about 101 affiliated firms, also sought court relief to allow the operation of a new global cash management system and payment to its critical vendors.
-
Analytics Firm Chainalysis Among FTX's Long List of Creditors, Reveals Court Filing
In documents filed to bankruptcy court in Delaware on Wednesday, blockchain analysis Chainalysis was identified as a creditor and asked for any relevant materials to be sent to its lawyers.
-
Hertz Files For U.S. Bankruptcy Protection As Car Rentals Evaporate In Pandemic
The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business was decimated during the coronavirus pandemic and talks with creditors failed to result in much-needed relief.Hertz's board earlier in the day approved the company seeking Chapter 11 protection in a U.S. bankruptcy cour...
