creditors
- Auto
Carvana’s creditors offer to swap debt for equity, defer payment
Creditors holding about 90 percent of Carvana Co.’s bonds have been pitching the beleaguered used-car company on ways to pare…
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Bankrupt crypto lender Celsius proposes a sale to investment firm NovaWulf, founded in 2021 by Wall Street dealmakers; smaller creditors may regain 70% of funds (Benjamin Robertson/The Block)
Benjamin Robertson / The Block: Bankrupt crypto lender Celsius proposes a sale to investment firm NovaWulf, founded in 2021 by…
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Filings: Digital Currency Group begins selling shares in investment vehicles run by its subsidiary Grayscale at a steep discount, seeking to repay creditors (Financial Times)
Financial Times: Filings: Digital Currency Group begins selling shares in investment vehicles run by its subsidiary Grayscale at a steep…
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Bed Bath & Beyond can’t pay creditors, bankruptcy looms
FOX Business host Stuart Varney argues Biden’s economic remarks are a ‘distraction from his document fiasco.’ Bed Bath & Beyond…
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A 116-page bankruptcy document details FTX's extensive list of creditors, including AWS, Apple, Meta, Binance, the WSJ, and the Prime Minister of the Bahamas (The Block)
The Block: A 116-page bankruptcy document details FTX’s extensive list of creditors, including AWS, Apple, Meta, Binance, the WSJ, and…
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Bankruptcy filing: Genesis Global owes more than $3.6B to its top 50 creditors, including $766M to the Winklevoss' Gemini Trust Company and $151M to Mirana (Ryan Weeks/The Block)
Ryan Weeks / The Block: Bankruptcy filing: Genesis Global owes more than $3.6B to its top 50 creditors, including $766M…
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Sources: Genesis creditors are negotiating a bankruptcy plan with the firm and would agree to a forbearance period in exchange for cash payments and DCG equity (The Block)
The Block: Sources: Genesis creditors are negotiating a bankruptcy plan with the firm and would agree to a forbearance period…
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A bankruptcy judge lets FTX sell its derivatives exchange LedgerX, clearing company Embed, and European and Japanese operations to raise money for creditors (Benjamin Robertson/The Block)
Benjamin Robertson / The Block: A bankruptcy judge lets FTX sell its derivatives exchange LedgerX, clearing company Embed, and European…
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Bahamas' Securities Commission says it is holding FTX assets worth $3.5B on a temporary basis and plans to deliver them to customers and creditors who own them (Reuters)
Reuters: Bahamas’ Securities Commission says it is holding FTX assets worth $3.5B on a temporary basis and plans to deliver…
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Lawyers working on crypto bankruptcies, including FTX and Celsius, are charging more than $1,800 per hour, leading some creditors to criticize the process (Sujeet Indap/Financial Times)
Sujeet Indap / Financial Times: Lawyers working on crypto bankruptcies, including FTX and Celsius, are charging more than $1,800 per…
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