In re: Zohar III Corp, et al
Case Number:
21-2799
Court:
Nature of Suit:
3422 Bankruptcy Appeals Rule 28 USC 158
Companies
Sectors & Industries:
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August 05, 2022
Scouts' Plan Mostly Approved, Jones Hit With $50M Verdicts
The Boy Scouts of America got a court's nod for the linchpin of its $2.7 billion Chapter 11 plan, the defamation damages trial of conspiracy theorist Alex Jones and his bankrupt media enterprise resulted in nearly $50 million in damages, and customers of cryptocurrency platform Voyager Digital can withdraw their cash from custodial accounts. This is the week in bankruptcy.
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August 01, 2022
3rd Circ. Nixes Tilton Co.'s $4M Fee From Zohar Ch. 11 Sale
The Third Circuit has dealt distressed debt figure Lynn Tilton another setback in her fight over the dismantling of her fleet of Zohar Funds turnaround companies, rejecting a Tilton-tied affiliate's appeal from a lower court's denial of a nearly $4 million bankruptcy sale fee.