US Trustee Opposes 'Backdoor' Releases In Genesis Ch. 11 <https://www.law360.com/fintech/articles/1791798?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-01-31&read_main=1&nlsidx=0&nlaidx=5>
By Jonathan Romeo The U.S. Trustee's Office is challenging cryptocurrency company Genesis Global's Chapter 11 plan, arguing it would improperly pay certain legal fees without court approval, include overbroad releases and allow for an "impermissible backdoor third-party release." Response attached | Read full article » <https://www.law360.com/fintech/articles/1791798?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-01-31&read_more=1&nlsidx=0&nlaidx=5> | Save to favorites » <https://www.law360.com/fintech/articles/1791798?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-01-31&read_later=1&nlsidx=0&nlaidx=5>
