Genesis Lender Group Opposes ‘Wholly Insufficient’ DCG Deal

“DCG’s contribution to the estate in satisfaction of creditor claims is wholly insufficient to satisfy even the uncontested loan amounts due, let alone, the valuable estate claims assertable by creditors against DCG and its directors and officers, including Barry Silbert,” a group of Genesis lenders said in a filing to the Bankruptcy Court in the Southern District of New York.

About admin

Check Also

Stablecoins: Roman Coins or Spanish Doubloons for the Modern Era

By 1900, colonialism had seen the adoption of currencies, or at least local derivations, of …

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

Recent Comments

No hay comentarios que mostrar.