Saturday, January 11

Tag: personal bankruptcy

FTX insolvency supervisors implicated of costs funds on high-end hotels, travel as financial institutions submit legal action

FTX insolvency supervisors implicated of costs funds on high-end hotels, travel as financial institutions submit legal action

Business
FTX insolvency supervisors implicated of costs funds on high-end hotels, travel as financial institutions submit legal action Oluwapelumi Adejumo · 6 hours ago · 2 minutes checked out FTX lender requires tighter evaluation of lavish $2,600 taxi costs by personal bankruptcy supervisors. 2 minutes checked outUpgraded: Jan. 8, 2025 at 1:17 pm UTC Cover art/illustration by means of CryptoSlate. Image consists of combined material which might consist of AI-generated material.An FTX lender Lidia Favario has actually raised issues about the extreme costs by personal bankruptcy supervisors managing the defunct exchange's procedures, according to a court filing.In a letter to Judge John Dorsey, Favario explained the costs as lavish and irregular with the Department of Justice (DOJ) standar...
The PV evaluation, Q3 2024: SunPower collapses, Maxeon has a hard time and United States tariffs tighten up

The PV evaluation, Q3 2024: SunPower collapses, Maxeon has a hard time and United States tariffs tighten up

General
Newest Functions, Guest Blog, Long Reads SunPower's decrease controlled the 3rd quarter of 2024, culminating in the business's declare Chapter 11 personal bankruptcy. Image: SunPower. In the last days of 2024, PV Tech is recalling at the stories that controlled the headings in each quarter of the year. In Q3, the failure of the emblematic United States PV brand name SunPower included greatly, as did the continuous travails of Maxeon, the module manufacturer that drew out of SunPower in 2021. Relocations by the United States to enforce trade tariffs on PV devices imports offered a consistent background sound while the very first murmurings over the possible effects of the 2nd Donald Trump presidency on the PV market were voiced. Chin...