US trustee files objection to FTX's choice of lawyers

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US trustee files objection to FTX's choice of lawyers
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The filing by U.S. Trustee Andrew Vara claimed potential conflicts of interest due to firm's previous connections with FTX.

A U.S. trustee filed an objection to FTX hiring the New York law firm Sullivan and Cromwell.

"S&C’s disclosures as filed are wholly insufficient to evaluate whether S&C satisfies the Bankruptcy Code’s conflict-free and disinterestedness standards," it read."The S&C Application is virtually silent as to both its connections to the Debtors and the work it did for the Debtors," said Vara."For example, the S&C Application omits the fact that the General Counsel of certain of the Debtors, Mr.

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