Finance News – Creditor
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FTX to begin next creditor distribution on Sept. 30 after court frees $1.9B
Following the court’s release of $1.9 billion, FTX is scheduled to start its subsequent round of payments to creditors on September 30, marking further advancement in the ongoing b...
Read Full Article →Chinese creditor challenges FTX motion to halt payouts in restricted countries
A dispute involving a Chinese lender opposing the suspension of funds to specific regions introduces further complications to the ongoing financial proceedings surrounding FTX’s re...
Read Full Article →UK rebuffs Thames Water creditor demands as administration looms
Creditors’ ability to support the utility depends on regulatory leniency and reduced penalties, affecting its financial stability as it faces potential insolvency in the near futur...
Read Full Article →BitGo advances FTX repayment amid rising phishing threats
BitGo has begun distributing funds to FTX creditors in a key step toward financial restitution, although recipients cannot access their assets for trading until the end of May.
Read Full Article →Canadian Tire is bidding on Hudson's Bay assets, according to sources
Canadian Tire has submitted a bid for the assets of Hudson's Bay, with the deadline for interested parties to make their offers having recently passed in connection with a court ca...
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