News list for "Bankrupt companies"

After approval by a bankruptcy judge, FTX's debtors reached a $450 million settlement with bankruptcy firm Voyager Digital. In an April 29 filing in the U.S. Bankruptcy Court of Delaware, Judge John Dorsey approved the terms of the agreement between FTX and Voyager, allowing Voyager to settle all claims with FTX as part of a plan to compensate creditors. Upon approval, the parties will agree to return to the company's debtors the $5 million held in trust by Voyager, as well as an additional $445...

2024-04-29 20:39:46