Bankruptcy & Restructuring News Headlines for Wednesday Sep 13, 2023

Here's what we are reading this morning:

Judicial Conference Revises Policy to Expand Remote Audio Access Over Its Pre-COVID Policy | United States Courts: The revised policy, adopted at the Conference’s biennial meeting, will permit judges presiding over civil and bankruptcy cases to provide the public live audio access to non-trial proceedings that do not involve witness testimony.

MacroMavens' Stephanie Pomboy sounds the alarm on corporate bankruptcies, warning it could herald financial catastrophe: Many expert "still fail to connect the dots" on corporate bankruptcies, Pomboy said. "If they did, they'd be calling for a fiscal & monetary response that makes 2008-9 look like peanuts," she added.

Trading arm of crypto conglomerate Digital Currency Group lays off half of its staff in Flatiron | Crain's New York Business: The Flatiron-based affiliate of Digital Currency Group has cut 39 of 89 jobs at 250 Park Ave. South.

Binance.US cuts staff, president departs: sources | The Block: Binance.US president, Brian Shroder, exits the company amid uncertainty and declining business. The firm also announced in an internal communication today that it has cut one third of its staff.

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