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.





Older Post Newer Post