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cryptonews

2022-11-30 13:58:00

Creditors of Troubled Crypto Brokerage Genesis Seek Options to Avoid Bankruptcy

Creditors of Troubled Crypto Brokerage Genesis Seek Options to Avoid Bankruptcy

Creditors of the troubled crypto broker and lending firm Genesis Global are working with restructuring lawyers to draft a plan to could allow the firm to avoid bankruptcy. According to a Bloomberg report from Tuesday, the various creditor groups have hired restructuring experts, including from law firms Proskauer Rose and Kirkland & Ellis, to explore options for the company that would keep it out of bankruptcy.... Read More: Creditors of Troubled Crypto Brokerage Genesis Seek Options to Avoid Bankruptcy

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