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Delaware Business Court Insider

CEO Hired for FTX Restructuring Sees 'Complete Failure of Corporate Controls'

The declaration by John Ray, the Chicago lawyer who has been installed as CEO of FTX, included the first public signs of what might become of the cryptocurrency exchange as it's untangled in the bankruptcy court.
4 minute read

Daily Business Review

FTX Lawyers Accuse Bankman-Fried of Undermining Bankruptcy

Embattled cryptocurrency mogul Sam Bankman-Fried is undermining efforts to reorganize his crumbling empire with "incessant and disruptive tweeting" that appears aimed at moving assets away from the control of a U.S. court in favor of one in the Bahamas, U.S. lawyers for the bankrupt crypto platform FTX said in a court filing.
3 minute read

Daily Business Review

FTX's Bahamian Liquidators Tap Holland & Knight to Push for Primacy in Bankruptcy Fight

The lead attorney on the case is Warren Gluck, the New York-based co-chair of the firm's asset recovery team.
3 minute read

The American Lawyer

Sullivan & Cromwell Handling FTX Bankruptcy Is Just the Tip of the Iceberg

"Whether it be a federal criminal forum, whether it be the bankruptcy forum, whether it be the regulatory forum, there's going to be a lot of lawyers involved in this no question about it," said Robert Shimberg, a shareholder at Hill Ward Henderson.
4 minute read

The American Lawyer

Sullivan & Cromwell Handling FTX Bankruptcy Is Just the Tip of the Iceberg

"Whether it be a federal criminal forum, whether it be the bankruptcy forum, whether it be the regulatory forum, there's going to be a lot of lawyers involved in this no question about it," said Robert Shimberg, a shareholder at Hill Ward Henderson.
4 minute read

Daily Business Review

FTX Wrangles a Million Creditors Amid Chaotic Collapse

FTX and its trading arm, Alameda Research, plunged into bankruptcy after facing "a severe liquidity crisis," according to bankruptcy court filings.
3 minute read

Daily Business Review

Miami Heat's Arena Will Get New Name After FTX Collapse

Miami-Dade County, which owns the arena and negotiated the naming rights deal, struck the agreement with FTX in March 2021.
2 minute read

The American Lawyer

For Crypto Attorneys, FTX Bankruptcy Is a 'Black Swan Event'

The fight in bankruptcy court will help shape the future of the industry, practitioners say. And interest in the space among rising lawyers remains sky high, according to Winston & Strawn's Daniel Stabile.
6 minute read

New York Law Journal

In Memoriam: Richard Lieb

For decades, he was one of New York City's leading bankruptcy lawyers, a mentor to dozens of young attorneys and a dedicated professor of bankruptcy law.
4 minute read

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