Latest News for: Creditor

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FTX to Begin $5 Billion Creditor Payout on May 30

BitRSS 16 May 2025
Key Takeaways The distribution applies to creditors with approved claims as of April 11, 2025,... .
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FTX Recovery Trust to Distribute More than $5 Billion to Creditors in Second Distribution on ...

The Newport Daily Express 16 May 2025
(d/b/a.
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FTX to Pay Over $5B to Creditors as Bankrupt Exchange Gears Up for Distribution

BitRSS 16 May 2025
Payouts of up to 120% begin May 30 for thousands of creditors, just as U.S. regulators warm to crypto and the industry stages a comeback ... .
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DOJ Charges 12 With $263M Crypto Theft Linked to Genesis Creditor

BitRSS 16 May 2025
Most of the individuals were arrested this week in California ... .
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BREAKING: FTX to Return $5 Billion to Creditors in Second Major Payout

BitRSS 16 May 2025
In a major development for cryptocurrency investors ...
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FTX To Disburse Over $5 Billion To Creditors In Second Payout Phase

MENA FN 16 May 2025
(MENAFN - The Arabian Post) FTX is set to initiate its second round of creditor distributions on 30 May 2025, aiming to disburse more than $5 billion to eligible claimants. This follows the initial ... .
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NOTICE TO CREDITORS

Sanborn Weekly Journal 16 May 2025
STATE OF SOUTH DAKOTA ). .ss. COUNTY OF SANBORN ). ESTATE OF ... IN CIRCUIT COURT ... NOTICE TO CREDITORS ... Creditors of decedent must file their claims within four months after the date of the first publication of this notice or their claims may be barred ... ....
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FTX to Distribute Over $5 Billion to Creditors Starting May 30 Under Reorganization Plan

Coin Edition 16 May 2025
FTX Trading Ltd., the collapsed crypto exchange once helmed by Sam Bankman-Fried, will begin a of over $5 billion to its creditors starting May 30, 2025 ... Payout Structure Detailed for Various FTX Creditor Classes.
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Dentons advises promissory note creditors of automotive supplier Huf on completion of restructuring (Dentons US LLP)

Public Technologies 16 May 2025
Part of the promissory note loans have been repaid, while the remaining promissory note creditors have extended their loans ... Advisors to the promissory note creditors..
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Bankrupt Crypto Exchange FTX To Shell Out $5,400,000,000 to Creditors at the End of the Month

The Daily Hodl 16 May 2025
The bankrupt crypto exchange FTX plans to shell out $5.4 billion in a wave of payments to creditors at the end of the month ... Meanwhile, smaller creditors categorized in FTX’s “Convenience Class” started receiving distributions in February.
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Greek warrant holders form creditor group as government plans buyback

Ekathimerini 16 May 2025
The ad-hoc creditor group counts large institutional holders among its members and owns or controls more than 40% of the GDP-linked warrants ... The creditor group has retained White & Case LLP as legal adviser ... [Reuters]. .
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FTX’s $5B Creditor Repayment Starts May 30—Here’s Who Benefits

Crypto Economy 16 May 2025
Creditors will receive between 54% and 120% of their claims depending on their classification, through the exchanges BitGo and Kraken ... The plan includes payments to various classes of creditors.
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FTX Creditors Set to Receive Full Repayments Plus Interest Amidst Crypto Market Resurgence

The Arabian Post 16 May 2025
FTX, the defunct cryptocurrency exchange that filed for bankruptcy in November 2022, is poised to commence payouts exceeding $5 billion to its creditors starting May 30, 2025 ... Some creditors argue that ...
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Jackson Hospital & Clinic, Inc. - MEMORANDUM OPINION And Order Denying Debtor's Emergency Motion To Amend Employment Applications Of Burr & Forman, Eisner Advisory Group, LLC, Gilpin Givhan, PC, And Memory Memory & Causby, LLP - Authored by Judge Christopher Hawkins., Order on Entered On 5/15/2025(RE: related document(s)448 Motion to Alter, Amend or Vacate Order filed by Debtor Jackson Hospital & Clinic, Inc., 471 Objection filed by Creditor UMB Bank, N.A., 485 Objection filed by Creditor UMB Bank, N.A., 489 Response filed by Debtor Jackson Hospital & Clinic, Inc.). (KC) (United States Bankruptcy Court for the Middle District of Alabama)

Public Technologies 16 May 2025
In re ... No ... No ... ... does not have an interest materially adverse to the interest of the estate or of any class of creditors or equity security holders, by reason of any direct or indirect relationship to, or interest in, the debtor, or for any other reason.
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National Realty Investment Advisors LLC - DECISION RE: LIQUIDATION TRUSTEES OBJECTION TO CLAIM OF JAVIER TORRES AND MEDIA EFFECTIVE, LLC. (related document:4093 Objection filed by Creditor AIRN Liquidation Trust). Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 5/15/2025. (zlh) (United States Bankruptcy Court for the District of New Jersey)

Public Technologies 16 May 2025
The Court found that the brokers did not provide value to the estate because enforcing the commission contract with a Ponzi scheme "would only exacerbate the harm to the debtor's creditors"); but see In re First Commer.

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