U.S. District Judge Michael Wiles, of the bankruptcy court for the Southern District of New York, approved disclosure statements explaining various aspects of the proposed plan to sell Voyager assets during a hearing Tuesday afternoon but asked for attorneys working on the deal to revise the proposed order documents before he approves them. The deal, which will be the subject of another confirmation hearing in March, also needs approval from a majority of Voyager’s creditors.
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- Source: https://www.coindesk.com/business/2023/01/10/binance-cleared-to-buy-crypto-lender-voyager-out-of-bankruptcy-reuters/?utm_medium=referral&utm_source=rss&utm_campaign=headlines