Tag: bankruptcy

Crypto finance business BlockFi information for bankruptcy following the fall of FTX

Christina Lobo
Crypto finance business BlockFi information for bankruptcy following the fall of FTX

The individual bankruptcy submitting submitted in New Jersey lists Ankura Trust Enterprise as its most significant creditor, to the tune of $729 million, followed by FTX US at $275 million. The SEC is fourth on the list, owed $30 million as a consequence of penalties laid down before this yr.

BlockFi Chapter 11 filing showing top four creditors owed.

BlockFi Chapter 11 submitting showing major four creditors owed.
Picture: BlockFi

BlockFi states it at this time has $256.9 million in dollars on hand, which is “expected to deliver enough liquidity” to keep the enterprise up and working even though it restructures its enterprise. The firm’s likely to target on

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Former Dwell Perfectly Economic CFO settles dispute with individual bankruptcy estate

Christina Lobo
Former Dwell Perfectly Economic CFO settles dispute with individual bankruptcy estate
Former Dwell Perfectly Economic CFO settles dispute with individual bankruptcy estate

Eric Rohr, who served as Are living Well Financial’s CFO from 2008 to 2018, past 7 days struck a offer with personal bankruptcy trustee David Carickhoff. (BizSense file)

A former executive of collapsed Chesterfield-dependent loan company Reside Very well Money has arrived at a settlement to stop a dispute with the company’s personal bankruptcy estate.

Eric Rohr, who served as the firm’s CFO from 2008 to 2018, last week struck a deal with trustee David Carickhoff.

Rohr was among a group of defendants in a sweeping complaint submitted by the trustee last summertime in attempt to recoup hundreds

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