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The Latest Breaking News from James Bromley

MLB Lawyer: Without Baseball, ‘There’s No Diamond Sports’

While a Houston bankruptcy court approved a plan to move forward through the 2024 season, MLB seizes the upper hand regarding the Bally Sports RSNs’ longer-term future

Broadcasting & Cable

Sinclair's Diamond Officially Misses $31 Million Diamondbacks Payment, Sets Up Tense Bally Sports Bankruptcy Reorg Negotiations With MLB

No, Diamond did not enter Chapter 11 armed with an agreed-upon restructuring plan that everyone is cool with

Multichannel News

FTX judge backs firm’s lawyers, rejects last minute ‘rumors’

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.”

Tribune News Service

From analysis to the latest developments in health,
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Meet the power players trying to make FTX customers whole

Rishi Jain, a managing director at a private equity consulting company, has been placed in charge of what’s left of FTX Ventures.

Fortune

5 major revelations about the collapse of crypto giant FTX

At the first hearing in FTX's bankruptcy proceedings, lawyers confirmed that millions of dollars are stolen or missing, and revealed stunning details about the downfall of the once-mighty exchange

WEKU

FTX Assets Missing, Stolen; This Fund Sees Bitcoin At $1 Million

FTX lawyers say a substantial amount of assets are missing or stolen in latest bankruptcy proceedings; Cathie Wood still sees Bitcoin at $1 million

Investors Business Daily

FTX attorney says ‘substantial amount’ of assets are either stolen or missing

A “substantial amount” of FTX Group’s assets “have either been stolen or are missing,” an attorney representing the firm told a bankruptcy court Tuesday in the company’s first court appearance since its rapid descent into insolvency.

Tribune News Service

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FTX lawyer: 'Substantial amount' of assets has been stolen

The lawyers for FTX disclosed Tuesday that a “substantial amount" of assets has been stolen from the accounts of the collapsed cryptocurrency exchange, diminishing the odds that its millions of investors will get their money back

The Independent UK

FTX was run as ‘personal fiefdom’ of Sam Bankman-Fried, court hears

Hearing in Delaware bankruptcy court is the first since the cryptocurrency exchange declared bankruptcy earlier this month

People

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