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Morgan Lewis, FTX Affiliate Scolded For Poor DIP Bid Prep

By Hilary Russ · December 12, 2023, 8:13 PM EST

A Delaware bankruptcy judge abruptly adjourned a hearing Tuesday, admonishing an FTX-linked entity and its counsel from Morgan Lewis & Bockius LLP for not providing all relevant documents in a quest...

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Bankruptcy Scorecard

Summary

Cryptocurrency exchange FTX filed for Chapter 11 on Nov. 11, 2022, after a rapid collapse in value.

Case Number

1:22-bk-11068

Judge

John Dorsey

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

Total liabilities are still to be determined, as a full plan has yet to be filed and FTX's tax liability is still being resolved. The IRS has filed a claim for $8 billion.

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Documents

Related Sections

Case Information

Case Title

Emergent Fidelity Technologies Ltd.

Case Number

1:23-bk-10149

Court

Delaware

Nature of Suit

Date Filed

February 03, 2023

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