Bankruptcy & Restructuring News Headlines for Monday Nov 20, 2023

Here's what we are reading this morning:

Bankruptcy Lenders Demand Move That Squeezes Other Creditors - Bloomberg: Roll-ups that bump up old money have become more extreme

Boy Scouts Abuse Victims Risk Losing Millions Over Filing Errors: Several hundred former Boy Scouts are at risk of losing out on millions of dollars in sex abuse compensation due to paperwork errors made when voting on the organization’s $2.46 billion bankruptcy settlement.

Family Fortune Decimated by Bet on Radio’s ‘Not Sexy’ Future: Audacy Inc. Chief Executive Officer David Field made a big bet when his Philadelphia-based company purchased CBS Radio for about $1.5 billion in 2017.

Texas Bankruptcy Panel to Survive : A popular two-judge panel that handles complex Chapter 11 cases in Houston will remain intact for the time being, despite controversy surrounding the judge who helped found it.

Wallet Withdrawal Deadline – BlockFi: Please submit a withdrawal request to receive your funds in crypto as soon as possible, before the Wallet withdrawal window closes on December 31, 2023 at 11:59 PM UTC.

FTX creditor claims increase to as high as 65 cents on the dollar | The Block: Claims for those who lost money with FTX are rising in value as the recovery outlook continues to improve.

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