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CATEGORY: examiner


FTX bankruptcy will be ‘very expensive’ but there’s a reason: Auditor

Author: Cointelegraph By Jesse Coghlan
United States
Jun 21, 2023 08:20

FTX bankruptcy will be ‘very expensive’ but there’s a reason: Auditor

The legal fees charged in the first months of FTX’s bankruptcy have been examined by an auditor, who has confirmed the case is “on track to be very expensive.”

FTX lawyers: Examiner could cost $100M and ‘provide no benefit’

Author: Cointelegraph By Luke Huigsloot
United States
Jan 26, 2023 08:20

FTX lawyers: Examiner could cost $100M and ‘provide no benefit’

FTX lawyers, joint provisional liquidators of FTX US and the Bahamas and a committee of creditors have all opposed the appointment of an independent examiner.

Judge slams senators’ letter against FTX lawyers as ‘inappropriate’

Author: Cointelegraph By Luke Huigsloot
United States
Jan 12, 2023 08:20

Judge slams senators’ letter against FTX lawyers as ‘inappropriate’

Bankruptcy judge John Dorsey called the bipartisan letter “inappropriate,” and says he won’t take it into account in his decision for an independent examiner.

Celsius wants to extend the deadline for claims as lawyer fees mount

Author: Cointelegraph By Luke Huigsloot
United States
Dec 29, 2022 08:20

Celsius wants to extend the deadline for claims as lawyer fees mount

Administrative expenses from the bankruptcy proceedings have already topped $53 million, and continued delays are chipping away at Celsius’ estate.

FTX was the 'fastest' corporate failure in US history — Trustee calls for probe

Author: Cointelegraph By Luke Huigsloot
United States
Dec 02, 2022 08:20

FTX was the 'fastest' corporate failure in US history — Trustee calls for probe

The Department of Justice's U.S. Trustee overseeing FTX’s bankruptcy case has moved for the court to appoint an independent examiner.

Celsius bankruptcy judge gives the nod for independent examiner probe

Author: Cointelegraph By Luke Huigsloot
United States
Sep 15, 2022 08:20

Celsius bankruptcy judge gives the nod for independent examiner probe

Following a motion in August, U.S. Bankruptcy Judge Martin Glenn has signed off on a request to appoint an examiner in the Celsius case.

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