What happened: Mitel’s Bankruptcy Filing and Strategy Mitel has officially filed for Chapter 11 bankruptcy, a move that signals a…
Browsing: bankruptcy
OUR TAKEChina’s solar industry is in dire straits. Companies like Zhejiang Akcome New Energy Technology are really feeling the heat…
In a pivotal court ruling, Genesis Global has been authorized to return approximately $3 billion in assets to its customers as part of its bankruptcy liquidation plan. The decision leaves Digital Currency Group, the parent company, without any financial recovery from Genesis’ assets. This unfolds amidst ongoing disputes over the valuation of cryptocurrency claims, highlighting significant challenges in the crypto lending space.