Bankruptcy law firm S&C absolved from misconduct, according to new FTX proposal

FTX’s amended plan contains an exculpation clause that could absolve Sullivan & Cromwell, along with all debtors, of future liabilities. дальше »

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DOJ considering new law firm as monitor for Binance amid FTX ties

The DOJ is reconsidering its decision to appoint Sullivan & Cromwell as Binance's independent monitor because of its relationship with FTX.  дальше »

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Sullivan & Cromwell accused of being FTX’s ‘partner in fraud’

FTX creditors accuse Sullivan & Cromwell of knowingly assisting and profiting from FTX's fraudulent operations. дальше »

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FTX Exchange Saga: Law Firm Handling Bankruptcy Accused Of Complicity In Fraud

In an interesting development, FTX creditors have launched a class action lawsuit against Sullivan and Cromwell (S&C), the law firm that is currently responsible for handling the bankruptcy proceedings of the defunct exchange. дальше »

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Кредиторы банкротящейся FTX подали иск против юридической компании Sullivan and Cromwell

Кредиторы рухнувшей в 2022 году криптобиржи FTX подали коллективный иск в суд южного округа штата Флорида против юридической компании Sullivan and Cromwell (S&C), курирующей процедуру банкротства торговой платформы. дальше »

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FTX Creditors Launch Class-Action Lawsuit Against Sullivan & Cromwell, Alleging Complicity in Multibillion-Dollar Fraud

Сообщение FTX Creditors Launch Class-Action Lawsuit Against Sullivan & Cromwell, Alleging Complicity in Multibillion-Dollar Fraud появились сначала на Coinstelegram.

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Sullivan & Cromwell targeted in lawsuit for alleged FTX collusion

A new class action lawsuit is targeting the New York-based law firm Sullivan & Cromwell (S&C), which previously served as legal counsel for FTX. дальше »

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Фирма, занимающаяся банкротством FTX, будет назначена наблюдателем за Binance

Нью-йоркская юридическая фирма Sullivan & Cromwell может быть назначена независимым наблюдателем Binance Holdings Ltd. Согласно отчету Bloomberg, Sullivan & Cromwell является главным претендентом на желанную должность наблюдателя, вероятно, обогнав множество юристов и консультантов, претендующих на то, что считается прибыльной ролью наблюдателя. дальше »

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Firm handling FTX’s bankruptcy set to be appointed as Binance’s watchdog

New York-based law firm Sullivan & Cromwell may be appointed as an independent monitor for Binance Holdings Ltd. According to a Bloomberg report, Sullivan & Cromwell is the leading contender for the coveted observer position, likely beating out a crowded… дальше »

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FTX Files Lawsuit Against Ex-Compliance Chief Dan Friedberg

FTX, a bankrupt crypto exchange, has filed a lawsuit against its former chief compliance/regulatory officer, Dan Friedberg, after his alleged conflicts of interest involving Sullivan & Cromwell (S&C) and Ryne... дальше »

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FTX’s Bankman-Fried challenges law firm’s role in prosecution

FTX founder Sam Bankman-Fried seeks to involve FTX’s current leadership and its legal representatives at Sullivan & Cromwell in the criminal case against him, claiming their extensive cooperation with the government. дальше »

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Lawyers, consultancy firms charge bankrupt FTX over $145M in 5 months

Consultancy firms and lawyers handling FTX’s bankruptcy have charged the failed exchange over $145 million for their five-month services, according to court filings. The companies involved in FTX’s bankruptcy case include law firms Sullivan & Cromwell, Landis Rath & Cobb, and Quinn Emanuel Urquhart & Sullivan. дальше »

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FTX заплатит $30 млн юристам за февраль

Проходящая через процедуру банкротства биржа FTX получила счета от юристов и финансовых консультантов за февраль. Общая сумма превысила $30 млн, пишет The Block со ссылкой на отчет.   Согласно документам, гонорары запросили Sullivan & Cromwell, Landis Rath & Cobb, AlixPartners, Perella Weinberg Partners, Alvarez & Marsal North America и Owl Hill Advisory. дальше »

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Binance Executives Lawyer Up Amid CFTC Lawsuit

Former Binance.US executive Catherine Coley hires Sullivan & Cromwell lawyer for CFTC suit.

The post Binance Executives Lawyer Up Amid CFTC Lawsuit appeared first on BeInCrypto.

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FTX должны заплатить юристам около $20 млн

Участвующие в процедуре банкротства криптовалютной биржи FTX юристы оценили свои услуги примерно в $20 млн. Об этом свидетельствуют соответствующие заявки, которые подали разные фирмы. Наибольшую сумму запросила компания Sullivan & Cromwell — $9,5 млн за работу с 12 по 30 ноября 2022 года, а также $105 000 за прочие расходы. дальше »

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FTX lawyers S&C file $7.5M invoice for November services

FTX lawyers Sullivan & Cromwell (S&C) charged the bankrupt exchange $7. 5 million for its work between November 12 till November 30, 2022, according to a February 7 court filing. The post FTX lawyers S&C file $7. дальше »

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FTX Lawyers Sullivan & Cromwell Bill $7.5M for First 19 Day's Bankruptcy Work

The more than 151 staff assigned to the case worked a combined 6,500 hours in November looking at legal disputes, hacks, and corporate governance. дальше »

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FTX lawyers to reap millions from the bankruptcy case: Report

FTX’s legal team from Sullivan & Cromwell has 150 people on the bankruptcy case, with thirty partners reportedly charging more than $2,000 per hour. дальше »

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СМИ: Дело о банкротстве FTX принесет юристам десятки миллионов долларов

Юридическая компания Sullivan & Cromwell, трудящаяся над делом о банкротстве криптобиржи FTX, заработает как минимум несколько десятков миллионов долларов. А по итогу может выйти несколько сотен миллионов долларов, поскольку расходы постоянно растут. дальше »

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Delaware Judge Allows Sullivan & Cromwell to Litigate in FTX Bankruptcy Case

Delaware bankruptcy Judge Dorsey Allows Sullivan & Cromwell to Litigate on Behalf of FTX Debtors. The post Delaware Judge Allows Sullivan & Cromwell to Litigate in FTX Bankruptcy Case appeared first on BeInCrypto. дальше »

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Sullivan & Cromwell Gets Go-Ahead to Represent FTX in Bankruptcy Proceedings, Despite Controversy

James Bromley, a partner at Sullivan & Cromwell, said former CEO Sam Bankman-Fried has been stirring the pot by “lashing out” on Twitter. дальше »

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Objectors to FTX Using Sullivan & Cromwell as Its Law Firm Seek to Delay Court Hearing

Individual objectors have sought to delay an FTX hearing in the United States Bankruptcy Court in the district of Delaware scheduled at 10:00 a. m. EST on January 20, 2023 expected to be about whether FTX can retain the services of New York law firm Sullivan & Cromwell (S&C) amid allegations from the U. дальше »

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FTX CEO fights to keep lawyers as calls for removal intensify

Numerous parties have objected to the retention of Sullivan & Cromwell as lead counsel to FTX, citing conflicts of interest and insufficient disclosures. дальше »

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SBF says Sullivan & Cromwell contradicted itself with insolvency claims

The former FTX CEO says the exchange’s new attorneys are not taking into account customer bank balances

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DOJ Objects to FTX’s Choice of Lawyers, Citing Conflict of Interest

The US Trustee joins Sam Bankman-Fried and Senators in voicing concern over Sullivan and Cromwell’s previous relations дальше »

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US senators question Sullivan & Cromwell FTX bankruptcy role

Lawmakers are concerned about Sullivan & Cromwell’s proposed role as the lead law firm in FTX’s bankruptcy proceedings, given its history with the fallen crypto exchange. дальше »

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Сенаторы США обвинили юрисконсульта FTX Group Sullivan & Cromwell в мошенничестве

Четыре сенатора США обратились к судье по делам о банкротстве, курирующему дело FTX, с просьбой о назначении беспристрастного эксперта для оценки роли юридической компании Sullivan & Cromwell. дальше »

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FTX paid $12M retainer to a New York law firm before bankruptcy filing

Sullivan & Cromwell LLP (S&C), a law firm headquartered in New York City, received $12 million from West Realm Shires Services Inc. on behalf of FTX for legal services. дальше »

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