Sentences with phrase «exchange out of bankruptcy»

Now Mt. Gox's creditors, who are wise to that fact, have mounted a legal challenge to pull the Tokyo - based exchange out of bankruptcy, so they too can enjoy the spoils.

Not exact matches

This leads to option # 2 in which Jim and Susan ask their bankruptcy attorney to negotiate a cash settlement that pays out some of the value of their home equity in exchange for keeping their home.

Currently representing the Lehman Brothers Estate in a multi-billion derivatives dispute against Credit Suisse concerning the close - out of foreign exchange, interest rate and credit default swaps following the Lehman bankruptcy.

As if being hacked twice in eight months, losing 17 percent of its net assets, and having to file bankruptcy was not bad enough, South Korean cryptocurrency exchange Youbit now finds itself trapped in a classic out - of - the - frying - pan-into-the-fire situation.

And on the same day, the parent company of LES, LandAmerica Financial Group, a Fortune 500 company, and the third largest title company in America, realizing the size of the problem, and knowing that it had guaranteed some of LES's obligations to the exchange clients, also filed for bankruptcy protection, wiping out the guarantees.