Bankruptcy & Restructuring News Headlines for Wednesday Oct 25, 2023

Here's what we are reading this morning:

Suits Against Ex-Texas Bankruptcy Judge Moved From District - Law360: The Southern District of Texas has agreed to refer pending lawsuits against former Southern District bankruptcy Judge David R. Jones — including the case that sparked the ethics investigation against him — to a judge outside the district.

Helicopter Ambulance Operator Air Methods To Shed Debt in Chapter 11 - WSJ: Private-equity backed helicopter ambulance business Air Methods has filed for bankruptcy, planning to cut its debt load by $1.7 billion amid struggles with inflation, reimbursement delays and severe weather.

Huge Debt Maturity Wall Looms for Commercial Real Estate Sector : Up to $3.5T of debt will mature in the coming years. Mezzanine debt and preferred equity deals are expected to help recapitalize mid-market CRE properties.

FTX Is Considering Proposals From Three Bidders to Restart Trading on Platform - Bloomberg: FTX Trading Ltd. is considering proposals from three bidders to restart trading on what had been one of the world’s biggest crypto exchanges before the company sank into bankruptcy amid fraud allegations.

BlockFi Emerges from Bankruptcy – BlockFi: BlockFi is pleased to announce that its bankruptcy plan is effective and the company has emerged from bankruptcy as of October 24, 2023.

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