Bankruptcy & Restructuring News Headlines for Tuesday Jun 25, 2024

Here's what we are reading this morning:

Hedge Funds Made a Killing on FTX—Then It Got Complicated - WSJ: Investors are mired in legal battles with some of the original owners of the claims. They allege those former FTX customers abruptly reneged on trades and are suffering from an age-old affliction: seller’s remorse.

Trucker US Logistics Solutions Shuts Down in Bankruptcy - WSJ: The Texas-based operator filed for chapter 7 liquidation, eliminating some 2,000 jobs

Fearing Losses, Banks Are Quietly Dumping Real Estate Loans - The New York Times: Some Wall Street banks, worried that landlords of vacant and struggling office buildings won’t be able to pay off their mortgages, have begun offloading their portfolios of commercial real estate loans hoping to cut their losses





Older Post Newer Post