Bankruptcy & Restructuring News Headlines for Tuesday Mar 14, 2023 – Chapter 11 Cases

Here’s what we are reading this morning:

BlockFi Is ‘Fine’ Despite $227 Million SVB Exposure, Lawyer Says – Bloomberg: BlockFi Inc. has ample access to cash and is in no immediate danger despite more than $200 million of exposure to failed Silicon Valley Bank, a lawyer for the bankrupt crypto lender said Monday.

DeFi Lender Euler Finance Hit By $197 Million Hack, Experts Say – Bloomberg:

FDIC Planning Another Silicon Valley Bank Auction – WSJ: The auction comes after a failed attempt to find a suitor on Sunday.

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Amer Mustafa

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