“No one contests that the Trustee requested an examiner here or that the debtor’s fixed, liquidated, unsecured debts, other than debts for goods, services, or taxes, or owing to an insider, exceed $5 million,” Connolly’s ruling said, adding that all that remains is a legal question – whether the bankruptcy code compels an independent probe.
Related posts
-
Montenegro court dismisses Terra’s Do Kwon extradition appeal: report
Montenegro’s Constitutional Court has rejected an appeal by crypto mogul Do Kwon, paving the way for... -
Facebook Wins Reprieve as Court Restrains Nigerian Regulator’s $38.55 Million Demand
The Federal High Court in Lagos has granted an... -
California Court Allows Coinbase to Delist Wrapped Bitcoin
Coinbase has successfully fended off a restraining order sought by BiT Global as a California court...