Bankruptcy & Restructuring News Headlines for Wednesday Dec 13, 2023

Here's what we are reading this morning:

SBF Defense Legal Architect David Mills Says FTX Trial Was Unwinnable - Bloomberg: Sam Bankman-Fried went off-script when he took the stand. That’s the view of David Mills, the behind-the-scenes architect of the FTX co-founder’s defense at trial. The once high-flying crypto mogul repeatedly veered away from his lawyers’ strategy, including on how to handle prosecutors’ tough questions on cross-examination.

NASDAQ-listed Tacoma real estate development firm files for Chapter 11 protection | Tacoma News Tribune: The NASDAQ-listed company, known for multifamily housing development in the region and upscale housing development in other parts of the country, said in a news release it had “voluntarily filed for protection under Chapter 11 of the United States Bankruptcy Code in the Western District of Washington at Tacoma ... to pursue an orderly wind down or restructuring of its business.”





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