While a federal judge deems an independent examiner for FTX's bankruptcy case an 'unnecessary burden,' a US Trustee is arguing otherwise.
Lawyers for Andrew Vara, the United States Trustee representing the interests of the Department of Justice in crypto exchange FTX’s bankruptcy proceedings, has filed an appeal against a federal judge’s denial of a motion appointing an independent examiner in the case.
In a March 6 filing in U.S. Bankruptcy Court for the District of Delaware, the legal team petitioned to have the U.S. District Court consider an appeal for a February ruling from Judge John Dorsey. The federal judgethat he would deny a motion to appoint an examiner in the FTX bankruptcy case, saying it would be an “unnecessary burden” on the firm’s debtors and creditors.
At the time, Judge Dorsey said the costs of an examiner “would likely exceed one hundred million dollars” and “not be in the best interest of the creditors”. Both Vara as well as a group of four U.S. senators
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Every Actor Who Has Earned Over $100 Million For Just One MovieFour top Hollywood actors have received more than $100 million for a single movie, and one of these stars technically did it twice in the same year.
Leer más »
Michael B. Jordan’s ‘Creed III’ Crosses $100 Million Globally, Including $41 Million Debut OverseasAfter better-than-expected starts at the domestic and international box office, “Creed III” has already surpassed the $100 million mark globally. Directed by Michael B. Jordan in his fe…
Leer más »
‘Creed III’ Delivers a Knockout Opening With $100 Million at the Global Box OfficeMichael B. Jordan's feature directorial debut saw exceptional success across international markets.
Leer más »
Creed III Hits Hard with $100 Million Box Office StartMichael B. Jordan's Creed 3 punches up to deliver the franchise's largest opening weekend.
Leer más »
Transcarent To Acquire Part Of AI-Powered 98point6 In $100 Million Healthtech DealAs the AI race heats up in healthcare, 98point6 is selling its physician group and self-insured employer business to Transcarent and will pivot to selling its software to health systems.
Leer más »
SEC freezes assets of investment adviser BKCoin, alleges $100 million crypto fraud schemeSEC files an emergency action on Monday against BKCoin Management LLC and one of its principals, Kevin Kang, alleging a crypto-asset fraud scheme.
Leer más »