Sale of Silicon Valley Bank’s Old Venture Capital Arm Hits a Snag - WSJ: Creditors including Pimco and Davidson Kempner may wind up taking over SVB’s roughly $10 billion venture capital business.
Alex Jones Offers Sandy Hook Families $55 Million Over 10 Years: Right-wing conspiracy theorist Alex Jones on Friday proposed a bankruptcy exit plan that offers to settle with Sandy Hook Elementary School shooting victims’ families by paying them at least $55 million over 10 years.
Restaurant Chain Chuck E. Cheese Explores Sale: Reuters: Chuck E. Cheese, which emerged from bankruptcy three years ago, is exploring a sale amid acquisition interest, Reuters reports, citing unidentified people familiar with the matter.
FTX Files Plan to End Bankruptcy, Return Crypto Customers, Creditors Billions - Bloomberg: FTX Trading Ltd. unveiled its latest proposal for returning billions of dollars to customers and creditors, kicking off a final round of potential squabbles about how best to end the bankruptcy case of the fraud-tainted crypto firm.
