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...The ecommerce group’s deal comes as part of a restructuring for Diamond Sports Group, which is aiming to leave bankruptcy protection; its collapse sparked a media rights crisis that spooked US sport....
...The proposals come after a year of acute turbulence for crypto markets, which has left millions of creditors waiting in line at bankruptcy court following the unravelling of groups including lending platform...
...However, the shares’ ownership has been disputed since his crypto empire filed for bankruptcy in November....
...Supreme Court clears way for access to Trump tax records The Supreme Court has cleared the way for US lawmakers to access Donald Trump’s tax returns, following numerous attempts by the former president to...
...In a US court filing yesterday, John Ray III said: “Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred...
...The junk bond market entered free-fall, leading to a wave of bankruptcies....
...PS Our colleague in Hong Kong, Jennifer Creery, is moving on to a new opportunity and will no longer be writing FirstFT. We wish her all the best!...
...The US Supreme Court put on hold Purdue Pharma’s $6bn bankruptcy settlement that would shield members of the Sackler family, the company’s owners, from future lawsuits linked to the opioid crisis....
...What else we’re reading In the court of ‘King’ Trump Jemima Kelly visits Mar-a-Lago and mingles with the “Trumpettes” and superfans of the former US president at his home base, part-social club, part-political...
...Elon Musk in court over Tesla pay Elon Musk will seek to prove that he is deserving of a multibillion-dollar pay package from Tesla, in a court case brought by shareholders who accuse the electric carmaker...
...Mark Pittman, a judge in the northern district court of Texas, ruled that Biden’s plan to forgive student loan debt was “unlawful”. 5....
...The bankruptcy of FTX has rocked the cryptocurrency industry in the past week. Genesis Trading yesterday became the latest crypto broker to halt customer withdrawals....
...Google’s Russian subsidiary plans to file for bankruptcy after authorities in the country seized its bank account, in an escalation of tensions in which the US search engine ended almost all operations in...
...Supreme Court would vote 9-0 against the theory if it were ever tested in court....
...Crypto lender Celsius Network files for bankruptcy One of the world’s largest cryptocurrency lenders has filed for bankruptcy in New York, roughly a month after it froze customer assets, trapping billions...
...the US tech group....
...UBS courts US investment heavyweights The Swiss lender has begun courting US fund managers as it attempts to improve its market value and seeks to be closer aligned with Wall Street peers....
...Why New York gun violence victims may have their day in court Gun manufacturers are broadly shielded from federal lawsuits brought against them in the US, but New York is trying to find a way around that...
...Unfortunately, that couldn’t save either from bankruptcy....
...Houston emerges as rival to Delaware for bankruptcy lawyers A feature of the US bankruptcy system gives companies the liberty to file their case in virtually any federal bankruptcy venue they like....
...Just over a year ago, the National Rifle Association, riven by infighting and filing for bankruptcy, seemed to be a diminished force in America....
...B Boris Becker It doesn’t matter how many titles you win as a teenager, you might still end up in the wrong kind of court, especially if you conceal £2.5mn during bankruptcy proceedings....
...Coronavirus digest The US Supreme Court has invalidated the Biden administration’s coronavirus pandemic-related moratorium on household evictions....
...The day ahead Hertz courtroom auction A bidding war for the bankrupt car rental group will reach its end-game when rival private equity bidders square off for an auction in federal bankruptcy court today...
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