#debtor — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #debtor, aggregated by home.social.
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Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm - Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval... - https://news.bitcoin.com/court-approves-btc-loan-for-bankrupt-bitcoin-mining-firm/ #debtor-in-possession #cryptocurrency #courtapproval #galaxydigital #mikenovogratz #rhodiumencore #riotplatforms #newsbytes-2 #whinstoneus #bankruptcy #blockchain #volatility #newsbytes #chapter11 #financing #bitcoin #crypto #loan
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FTX and CFTC agree to $12.7B settlement, subject to court approval - The US commodities regulator didn’t seek a civil monetary penalty, meani... - https://cointelegraph.com/news/ftx-cftc-reach-settlement-pending-court-approval #reorganizationplan #carlinr.metzger #restructuring #john.jrayiii #courtfiling #bankruptcy #chapter11 #creditor #debtor #ftx
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I'm seeing stories about how #studentdebt #studentloan holders see a path to relief via #bankruptcy because of the new DOJ / DOE guidance. I'm very skeptical. Besides cost to file, the undue hardship requirement remains the prerequisite to discharge. That DOJ / DOE has made it clearer how a #debtor can show undue hardship, it only applies to a sliver of people with student debt. Plus BK judges have the ultimate say. In some courts, undue hardship discharges may increase; in others, probably not.