Voyager Debt Committee: If the transaction is not completed by April 18th, Binance. US may voluntarily terminate the acquisition
On April 6th, according to the Voyager Unsecured Creditors Committee\’s announcement on social media, an appeal was filed on Monday against a court order opposing Binance. US\’s $1 b
On April 6th, according to the Voyager Unsecured Creditors Committee’s announcement on social media, an appeal was filed on Monday against a court order opposing Binance. US’s $1 billion acquisition of Voyager. According to the US Administrative Procedures Act, if the transaction is not completed on April 18th, Binance. US can voluntarily terminate the acquisition. To complete the transaction on or before April 18th, certain conditions under the Administrative Litigation Act need to be met before April 13th. Therefore, the Voyager Debt Commission has proposed an urgent motion to request the court to expedite the briefing during the Second Circuit, so that a ruling on the appeal can be made before April 13th and efforts to reach a consensus solution with the US government can continue.
Voyager Debt Committee: If the transaction is not completed by April 18th, Binance. US may voluntarily terminate the acquisition
I. Introduction
– Explanation of the Voyager-Binance Acquisition
– Overview of the appeal filed against Binance’s acquisition of Voyager
II. The Administrative Procedures Act
– Explanation of the Administrative Procedures Act
– Implications of the act on Binance’s acquisition of Voyager
– Deadline for completion of the acquisition
– Implications of failing to complete the acquisition by the deadline
III. The Administrative Litigation Act
– Explanation of the Administrative Litigation Act
– Conditions that need to be met before April 13th
– Importance of meeting the conditions before April 13th
IV. The Voyager Unsecured Creditors Committee’s Motion
– Explanation of the Voyager Unsecured Creditors Committee’s motion
– Request for expedited briefing
– Importance of the court’s ruling before April 13th
– Efforts to reach a consensus solution with the US government
V. Conclusion
– Recap of the article
– Implications of Binance’s acquisition of Voyager
VI. FAQs
1. What is the Voyager-Binance Acquisition?
2. What happens if the transaction is not completed by April 18th?
3. Why is the court’s ruling before April 13th important?
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