Published 1 year ago

FTX wins court approval to hire bankruptcy lawyers amid conflicts concerns

Summary by Ground News

Judge John Dorsey on Friday granted a motion by FTX for the Sullivan & Cromwell law firm to serve as debtor's counsel. The ruling came after a partner filed additional disclosures this week about the firm's work for FTX entities and FTX founder Sam Bankman-Fried.

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Reuters

FTX wins court approval to hire bankruptcy lawyers amid conflicts concerns

A U.S. judge on Friday signed off on FTX's choice of legal advisers to navigate its bankruptcy, after the collapsed crypto exchange told the court it had reached an agreement that resolved the U.S. Department of Justice's concerns about potential conflicts of interest.

1 year ago·United Kingdom

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Associated Press News

Judge approves FTX choice of law firm as bankruptcy counsel

The judge presiding over the bankruptcy of cryptocurrency exchange FTX has approved the company’s choice of a law firm to represent it in the bankruptcy. Friday's ruling came despite concerns

1 year ago·United States

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KIFI

Judge approves FTX choice of law firm as bankruptcy counsel

By RANDALL CHASE AP Business Writer DOVER, Del. (AP) — The judge presiding over the bankruptcy of cryptocurrency exchange FTX has approved the company’s choice of a law firm to represent it in the bankruptcy. Friday’s ruling came despite concerns about potential conflicts of interest involving Sullivan & Cromwell. The judge’s order came after a Sullivan & Cromwell partner filed additional disclosures this week regarding the firm’s work for FTX e…

1 year ago·Idaho Falls, United States

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IBTimes

FTX Defends Choice Of Law Firm To Guide It Through Bankruptcy

Collapsed crypto exchange FTX will try to convince a judge at a hearing on Friday to sign off on its hiring of lawyers and financial advisers, amid allegations that its chosen law firm's prior work

1 year ago·United States

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My Mother Lode

Judge approves FTX choice of law firm as bankruptcy counsel

DOVER, Del. (AP) — The judge presiding over the bankruptcy of cryptocurrency exchange FTX has approved the company’s choice of a law firm representing it in the bankruptcy, despite concerns about potential conflicts of interest. Judge John Dorsey on Friday granted a motion by FTX for the Sullivan & Cromwell law firm to serve as debtor’s counsel. The ruling came after a Sullivan & Cromwell partner filed additional disclosures this week about the …

1 year ago

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KSAT 12

Judge approves FTX choice of law firm as bankruptcy counsel

The judge presiding over the bankruptcy of cryptocurrency exchange FTX has approved the company’s choice of a law firm to represent it in the bankruptcy.

1 year ago·San Antonio, United States

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