January 13, 2023
Cryptocurrency debtors put billions of dollars in play this week as Voyager Digital Holdings got the nod for a $1 billion sale of assets and FTX Trading located $5 billion of its own assets. Over at the U.S. Supreme Court, the justices wrestled with Puerto Rican sovereignty in a case involving the island's fiscal board. This is the week in bankruptcy.
January 10, 2023
Deepwater drilling rig services provider Nautical Solutions LLC has filed for Chapter 11 protection in Texas bankruptcy court, saying a prolonged downturn in the industry has left it unable to service its $651 million of debt.