Ex-Cred CFO Fights Ruling To Keep Ch. 11 Alive

Law360 (February 19, 2021, 10:10 PM EST) -- The former CFO of bankrupt cryptocurrency investment firm Cred Inc. on Friday told a Delaware bankruptcy court he will appeal both an order blocking him from transferring cryptocurrency and the denial of his motion to dismiss part of the Chapter 11 case.

James Alexander filed notice of appeal with the court saying he intends to challenge U.S. Bankruptcy Court Judge John Dorsey's decisions to reject his claim to be the sole person authorized to take a Cred subsidiary into Chapter 11 and grant a request by the unsecured creditors' committee for a restraining order barring him from transferring cryptocurrency that belong...

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