Creditor

Genesis Global and its subsidiaries have begun making $4 billion in payments to creditors after completing the restructuring process. According to a statement released on August 2, crypto lending company Genesis Global I started Paying…

HMRC has collected an extra £14.4m in tax from insolvency cases over the two tax years to 2023 since regaining its “preferential creditor” status. The preferential status known as “coronavirus preference” was reinstated for HMRC in…

Breadcrumbs Path LinksGoodsenergyElectric carNewsRunning out of money after struggling to expand business Get the latest news from Gabriel Friedman straight to your inbox. subscription Published on July 12, 2024 • Last updated 33…

© Reuters. By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) -Ukraine's overseas bondholders are in talks to form a creditor committee ahead of debt rework talks with the country, according to four people with direct…

The official liquidator of FTX has instructed creditors to file electronic claims by May 15, 2024. The claims portal managed by PricewaterhouseCoopers (PwC) anticipates commencing its initial distribution either in late…

If the court approves the proposed plans from debtors, the FTX creditors could lose a huge sum of money considering the rally in crypto market this year. In a recent filing made on December 27 in the United States Bankruptcy Court for…

© Reuters. FILE PHOTO: A partially removed company logo of China Evergrande Group is seen on the facade of its headquarters in Shenzhen, Guangdong province, China January 10, 2022. REUTERS/David Kirton/File Photo HONG KONG (Reuters)…

Creditors will start receiving cash repayments from the Mt. Gox Trustee this year. These repayments are specified to be cash and may not include crypto. The defunct Japanese crypto exchange Mt. Gox is set to begin creditor repayments…

According to US Bankruptcy Judge Sean Lane, Genesis, whose payment plan was pending approval, will first have to resolve its outstanding issues with FTX. The announcement came just hours after DCG CEO Barry Silbert's…

The Zipmex rescue deal was threatened after the investor reneged on an earlier promise to pay creditors in full. Amid plans to save beleaguered cryptocurrency exchange Zipmex from bankruptcy, the investor reported reneged On the…