Terraform Labs Pte. Ltd. (Terra Money) website. Credit: Timon/Adobe Stock Terraform at Odds With Creditor Committee as SEC Trial Approaches
The SEC's case against Terraform is scheduled to go to trial March 25, and the debtors' counsel moved last week for the bankruptcy court to allow Dentons to serve as special counsel.
March 05, 2024 at 05:43 PM
3 minute read
Securities Litigation
With a newly formed committee saying it needs more time to get up to speed on the issue, Terraform will need to wait another week for a Delaware bankruptcy court ruling on whether it can continue funding its defense in a securities fraud trial.
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