The judge overseeing the bankruptcy of FTX Group refused to replace the law firm handling the failed crypto company’s Chapter 11 case, concluding that last-minute attacks on the lawyers were mere “rumors.”
US Bankruptcy Judge <-bsp-person state="{"_id":"00000185-d0c0-d8f6-a9f5-daeeacf30000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">John Dorsey approved what is normally a routine request to hire a law firm — in this case, <-bsp-bb-link state="{"bbHref":"bbg://securities/1147L%20US%20Equity","_id":"00000185-d0c0-d8f6-a9f5-daeeacf30001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Sullivan & Cromwell, whose lawyers have handled some of the biggest insolvency cases filed in recent years.
Dorsey refused to allow a former top lawyer for FTX, Daniel Friedberg, to testify or to accept his last-minute court filing, which lobbed several conflict-of-interest allegations against the law ...
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