Bankruptcy Court for the District of Delaware ruled Wednesday. In a court hearing, Judge John Dorsey said that he approved the motion and overruled two objections that were made opposing the plan. This allows the bankrupt exchange to sell, stake and hedge its crypto holdings, which it said ...
and Changpeng Zhao, noting that the crypto executive is “famously protective of revealing his whereabouts.” The agency, which sued the world’s largest digital-asset exchange and Zhao for securities violations on Monday, asked the District Court in the District of Columbia to allow it ...
David N. Siegel takes over as US Airways president and CEO in March, naming other new members of the senior management team over the next several months and undertaking a proactive restructuring plan for the company. As part of the restructuring, US Airways enters Chapter 11 bankruptcy reorganiza...
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US AIRWAYS FIRST CARRIER TO DECLARE BANKRUPTCY
In the two decades since high school, he’d lost one repair shop after another, filed for personal bankruptcy, and watched a lender foreclose on the small house in a California refinery town where he’d lived with his wife and two young kids. By 2007, he was 36, jobless, and adrift...