Abrams & Bayliss attorneys with Quinn Emanuel Urquhart & Sullivan of counsel state in the complaint that if the Court of Chancery frees funds for Alameda, which has filed for Chapter 11, over a million other trust shareholders would also benefit.
March 06, 2023 at 05:15 PM
3 minute read
The original version of this story was published on Delaware Business Court Insider
FTX-affiliated Alameda Research filed a lawsuit Monday afternoon against two cryptocurrency trust managers, claiming they’re refusing to pay out $9 billion to investors, including $250 million to Alameda.
Abrams & Bayliss attorneys with Quinn Emanuel Urquhart & Sullivan of counsel state in the complaint that if the Court of Chancery frees funds for Alameda, which has filed for Chapter 11, over a million other trust shareholders would also benefit.
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