2023-5-11 00:15 |
The settlement plan proposed in February would give Genesis creditors 80% recovery of funds, but many raised demands, leading to the mediation.
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2023-5-11 00:15 |
The settlement plan proposed in February would give Genesis creditors 80% recovery of funds, but many raised demands, leading to the mediation.
Similar to Notcoin - Blum - Airdrops In 2024
Digital Currency Group (DCG) provided an update on the status of its subsidiary, Genesis Capital, in a statement on May 9. DCG said that it remains “engaged with the various stakeholders” who are involved in a mediation process concerning Genesis’ restructuring process.
2023-5-10 00:49 | |
Genesis will enter mediation with its creditors in order to maintain its proposed restructuring plan, Bloomberg said on April 28. According to Genesis’ lawyer, Sean O’Neal, Genesis will engage in a 30-day mediation process with its committee of unsecured creditors.
2023-4-29 00:25 | |
The process can start once the parties agree on a mediator and submits an order to the U.S. bankruptcy court.
2023-4-28 17:01 | |