FTX creditor group files objection against bankruptcy reorganization plan

Oluwapelumi Adejumo

A group of FTX creditors led by Sunil Kavuri has objected to the reorganization plan filed by the defunct exchange’s bankruptcy managers. According to a June 5 court filing, the creditors argued that the plan failed the best interest test. Justifying the objection, Sunil noted that it is unconfirmable as a matter of law as […]

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FTX creditor group files objection against bankruptcy reorganization plan