Bankruptcy proceedings

According to reports, FTX lawyers stated in court documents that it was unfair for SBF to consume $10 million of the company\’s insurance policy to pay his legal fees. The official

According to reports, developer Cam Crews has compiled an online chart detailing the lawyer and consultant fees Celsius will need to pay in bankruptcy proceedings. According to data, the related expenses reported by the Celsius Network to the court have reached 102 million US dollars, and it is expected to still pay 42 million US dollars, totaling 144 million US dollars. These fees will flow to more than ten legal service agencies, of which Kirkland Ellis is expected to receive $48.8 million. （Cointelegraph） Interpretation of this information: The message reports…

It is reported that the Bank of England intends to apply to the court to include the British subsidiary of Silicon Valley Bank (SVB UK) in the bank bankruptcy proceedings. The Bank of England said in an email statement that the inclusion of bank bankruptcy proceedings means that the FSCS will pay the insured deposits to eligible depositors as soon as possible, with a maximum limit of £ 85000 (the maximum limit for joint accounts is £ 170000). Other assets and liabilities of SVB UK will be managed by the…