Among the funds to bet on the rescue deal were two that specialize in buying the bonds of companies on the brink of bankruptcy.
Tag: Bankruptcies
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Sandy Hook Families Are Fighting Alex Jones and the Bankruptcy System Itself
As the families seek more than $1.4 billion awarded by courts for Mr. Jones’s lies, a New York Times review shows he is transferring millions of dollars to family and friends, potentially out of reach of creditors.
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Silicon Valley Bank’s Parent Company Files for Bankruptcy
The move would place SVB Financial Group, which owns other businesses aside from the collapsed Silicon Valley Bank, into a court-led process as creditors look to recover funds.
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FTX Negotiates for Return of $400 Million From Obscure Hedge Fund
The founders of the trading firm Modulo Capital are in talks with FTX about returning the investment that Sam Bankman-Fried made in the fund.
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FTX Inquiry Expands as Prosecutors Reach Out to Former Executives
Federal prosecutors in Manhattan are speaking with lawyers for former officials at the collapsed crypto exchange FTX and scrutinizing the immediate family of its founder, Sam Bankman-Fried.