Some creditors of the bankrupt crypto exchange FTX are preparing to reject a plan that would see them recover 118 percent of the money they lost. The proposal is far less generous than it might seem, ...

Providing fresh capital to companies restructuring their debt has been “the best opportunity in the corporate credit market over the last year or two”, according to Sculptor Capital Management’s Chief ...

Following the collapse of the FTX exchange, the FTT token collapsed by more than 80% and wiped away over $2 billion in customer value. FTX creditors will only get 10–25% of their cryptocurrency back, ...

Bankrupt crypto lender Celsius is to hold a vote on its plan to sell assets to the Fahrenheit consortium, after a judge on Thursday approved disclosures that suggested creditors can expect to recover ...

iHeartMedia Inc. is the owner of a sprawling network of US radio stations that pumps out music and chat everywhere from New York City to Fairbanks, Alaska. In recent weeks, however, it has been much ...