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Celsius‘ motion to extend timeline for restructuring plan faces objection from creditors
9.2.2023
“It is time to allow the Debtors’ customers to propose their own plan for the assets that they were defrauded into investing with Celsius,” said a Withhold account holders’ filing
Crypto Lender Vauld Gets Another Extension for Submitting Restructuring Plan: Bloomberg
17.1.2023
Vauld has received bids from two digital asset fund managers to take over the beleaguered lender after talks with Nexo broke down
Hodlnaut creditors reject the restructuring plan, prefer liquidation
13.1.2023
Hodlnaut downplayed its exposure to the Terra ecosystem, but an investigation into the embattled crypto lender shows it lost $190 million in the Terra crash
Hodlnaut Creditors Seek Liquidation, Reject Restructuring Plan: Bloomberg
13.1.2023
The restructuring plan would have allowed Hodlnaut directors who were at the helm during its collapse to continue managing the company
Auros Global expects to resume regular operations following restructuring plan
20.12.2022
The crypto trading firm reportedly suffered a $20 million dollar exposure in the FTX collapse
Court sets new deadline for Celsius restructuring plan
6.12.2022
Celsius halted withdrawals on the platform on Jun. 13 and filed for bankruptcy a month later on Jul. 14
Major HSBC Layoffs: 35,000 Job Cuts and Massive Restructuring Announced
22.2.2020
Banking giant HSBC has unveiled a major restructuring plan that includes 35,000 job cuts. The move came as the bank’s net profit plunged 53% last year. HSBC is also slashing $100 billion in assets and closing many branches. “This represents one of the deepest restructuring...