1:21-ap-51030
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June 14, 2022
Small Biz Debt Limit Raised, Crypto Exec Can't Ditch Case
Congress took action to permanently raise the debt limit for small business Chapter 11 cases, a former cryptocurrency investment firm executive can't ditch his own bankruptcy case, and a bankrupt hotel company asked to deny a $6 million fee request from its own attorneys. This is the week in bankruptcy.
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June 10, 2022
Ex-Cred Inc. Exec Denied Ch. 7 Exit For Missing Crypto Cash
A Delaware bankruptcy judge Friday told a former executive of bankrupt cryptocurrency venture Cred Inc. that he can't exit bankruptcy because he has failed to account for hundreds of thousands of dollars he received from the sale of Cred bitcoins.