FTX TRADING LTD. Bankruptcy Filing
Case Number: 22-11068
FTX TRADING LTD. filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on November 11, 2022. This is a voluntary filing; it was assigned the bankruptcy case number #22-11068.
FTX TRADING LTD. Filing Information
The bankruptcy petition for FTX TRADING LTD. showed assets in the range of more than $1B with liabilities in the range of more than $1B. FTX TRADING LTD. reports that the number of creditors is in the range of more than 100,000.
The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.
FTX TRADING LTD. indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.
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FTX TRADING LTD. Docket Header
SealedDoc(s), APPEAL, LEAD, CLMSAGNT, STANDOrder, MEGA, FeeDue, OBJDISCH, SEALEDMATRIX, CONFIRMED |
District of Delaware (Delaware)
Bankruptcy Petition #: 22-11068-JTD
Assigned to: Chief Bankruptcy Jud John T Dorsey Chapter 11 Voluntary Asset |
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| Debtor FTX Trading Ltd. 10-11 Mandolin Place, Friars Hill Road St. John's, AG AG-04 OUTSIDE U. S. Antigua and Barbuda Tax ID / EIN: 84-2813288 |
rep. by |
Anthony P Alden
Quinn Emanuel Urquhart & Sullivan LLP 865 S. Figueroa St. 10th Floor Los Angeles, CA 90017 212.443.3000 Email: anthonyalden @ quinnemanuel.com K. McKenzie Anderson 51 Madison Avenue 22nd Floor New York, NY 10010 212.849.7000 Email: mckenzieanderson @ quinnemanuel.com Benjamin S Beller Sullivan & Cromwell LLP 125 Broad Street New York, NY 10004-2498 212-558-4000 Fax : 212-558-3588 James L. Bromley SULLIVAN & CROMWELL LLP 125 Broad Street New York, NY 10004 212-558-4000 Fax : 212-558-3588 Email: bromleyj @ sullcrom.com Kimberly A. Brown Landis Rath & Cobb LLP 919 N. Market Street Suite 1800 PO Box 2087 Wilmington, DE 19899 302-467-4400 Fax : 302-467-4450 Email: brown @ lrclaw.com William A. Burck Quinn Emanuel Urquhart & Sullivan, LLP 295 Fifth Avenue New York, NY 10016 (212) 849-7000 Email: williamburck @ quinnemanuel.com Benjamin Carroll QUINN EMANUEL URQUHART & SULLIVAN, LLP 295 Fifth Avenue New York, NY 10016 212-849-7000 Email: benjamincarroll @ quinnemanuel.com Heather Christenson QUINN EMANUEL URQUHART & SULLIVAN, LLP 295 Fifth Avenue New York, NY 10016 212-849-7000 Email: heatherchristenson @ quinnemanuel.com Jacob M. Croke Sullivan & Cromwell LLP 919 Market Street Suite 1800 Wilmington, DE 19801 302-467-4400 Fax : 302-467-4450 Email: pierce @ lrclaw.com Marc De Leeuw SULLIVAN & CROMWELL LLP 125 Broad Street New York, NY 10004 212-558-4000 Email: deleeuwm @ sullcrom.com Justin J. DeCamp Sullivna & Cromwell LLP 125 Broad Street New York, NY 10004-2498 (212)558-4000 Email: decampj @ sullcrom.com Andrew G. Dietderich Sullivan & Cromwell LLP 125 Broad Street New York, NY 10004 212-558-4000 Email: dietdericha @ sullcrom.com Christopher J Dunne SULLIVAN & CROMWELL LLP 125 Broad Street New York, NY 10004 (212) 558-4000 Email: Dunnec @ sullcrom.com Stephen Ehrenberg SULLIVAN & CROMWELL LLP 125 Broad Street New York, NY 10004-2498 United States 212-558-4000 Email: ehrenbergs @ sullcrom.com Benjamin Finestone Quinn Emanuel Urquhart & Sullivan, LLP 295 5th Avenue New York, NY 10016 212-849-7341 Email: benjaminfinestone @ quinnemanuel.com Nicole Friedlander Sullivan & Cromwell 125 Broad Street New York, NY 10004 212-558-4000 Email: friedlandern @ sullcrom.com Brian D. Glueckstein Sullivan & Cromwell LLP 125 Broad Street New York, NY 10004 212-558-4000 Email: gluecksteinb @ sullcrom.com David M. Grable QUINN EMAURQUHART & SULLIVAN, LLP 865 South Figueroa Street 10th Floor Los Angeles, CA 90017 213-443-3000 Fax : 213-443-3100 TERMINATED: 05/02/2023 Steven L. Holley Sulloivan & Cromwell LLP Sullivan & Cromwell LLP 125 Broad Street New York, NY 10004 212-558-4000 Email: holleys @ sullcrom.com Christian P. Jensen Sullivan & Cromwell LLP 125 Broad St New York, NY 10004 212-558-4000 Email: jensenc @ sullcrom.com Alexa J. Kranzley Sullivan & Cromwell LLP 125 Broad Street New York, NY 10004-2498 212-558-4000 Email: kranzleya @ sullcrom.com Adam G. Landis Landis Rath & Cobb LLP 919 Market Street Suite 1800 Wilmington, DE 19801 302-467-4400 Fax : 302-467-4450 Email: landis @ lrclaw.com Katherine A. Lemire Quinn Emanuel Urquhart & Sullivan, LLP 295 Fifth Avenue New York, NY 10016 212-849-7000 Email: katherinelemire @ quinnemanuel.com Marina Lev Quinn Emanuel Urquhart & Sullivan, LLP 865 S. Figueroa St., 10th Floor Los Angeles, CA 90017 (213) 443-3000 Email: marinalev @ quinnemanuel.com Anthony J. Lewis SULLIVAN & CROMWELL LLP 1888 Century Park East Suite 2100 Los Angeles, CA 90067 TERMINATED: 04/26/2024 Michele C. Materni SULLIVAN & CROMWELL LLP 125 Broad Street New York, NY 10004 US (212) 558-4000 Fax : (212) 558-3588 Email: maternim @ sullcrom.com James M. McDonald SULLIVAN & CROMWELL LLP 125 Broad Street New York, NY 10004 212-558-4000 Email: mcdonaldj @ sullcrom.com Matthew B. McGuire Landis Rath & Cobb LLP P.O. Box 2087 919 Market Street, Suite 1800 Wilmington, DE 19899 302-467-4400 Fax : 302-467-4450 Email: mcguire @ lrclaw.com Isaac Nesser Quinn Emanuel Urquhart & Sullivan, LLP 295 Fifth Avenue New York, NY 10016 212-849-7000 Fax : 212-849-7100 Email: isaacnesser @ quinnemanuel.com Steven R. Peikin SULLIVAN & CROMWELL LLP 125 Broad Street New York, NY 10004 212-558-4000 Email: peikins @ sullcrom.com Matthew R Pierce Landis Rath & Cobb LLP P.O. Box 2087 919 Market Street, Suite 1800 Wilmington, DE 19899 302-467-4400 x452 Fax : 302-467-4450 Email: Pierce @ lrclaw.com Matthew R. Pierce Landis Rath & Cobb LLP 919 Market Street Suite 1800 Wilmington, DE 19801 usa 302-467-4400 Fax : 302-467-4450 Email: Pierce @ lrclaw.com John B Quinn Quinn Emanuel Urquhart & Sullivan 865 S Figueroa St 10th Floor Los Angeles, CA 90017 213-443-3000 Email: johnquinn @ quinnemanuel.com Sascha Rand Quinn Emanuel Urquhart & Sullivan LLP 51 Madison Avenue 22nd Floor New York, NY 10010 212-849-7000 Email: sascharand @ quinnemanuel.com Matthew R. Schieck QUINN EMANUEL URQUHART & SULLIVAN, LLP 300 West 6th Street Suite 2010 Austin, TX 78701 United States 737-667-6100 Email: matthewscheck @ quinnemanuel.com Douglas Schneller RIMON, P.C. 245 Park Avenue 39th Floor New York, NY 10167 212-363-0270 Fax : 212-363-0270 Email: douglas.schneller @ rimonlaw.com William R. Sears QUINN EMANUEL URQUHART & SULLIVAN, LLP 865 S. Figueroa Street 10th Floor Los Angeles, CA 90017 231-443-3000 Email: willsears @ quinnemanuel.com Jonathan M. Sedlak Sullivan & Cromwell 125 Broad Street New York, NY 10004 212-558-4000 Email: sedlakj @ sullcrom.com K. John Shaffer Quinn Emanuel Urquhart & Sullivan, LLP 865 S. Figueroa Street 10th Floor Los Angeles, CA 90017 TERMINATED: 01/09/2024 Colin T. West White & Case LLP 1221 Avenue of the Americas New York, NY 10020 919-599-4044 Email: cwest @ whitecase.com Stephanie G. Wheeler SULLIVAN & CROMWELL LLP 125 Broad Street New York, NY 10004 212-558-4000 Email: whellers @ sullcrom.com Hilary M Williams Sullivan &Cromwell LLP 125 Broad Street Newyork, NY 10004 212-558-4000 Email: williamsh @ sullcrom.com Justine Young Quinn Emanuel Urquhart & Sullivan, LLP 295 Fifth Avenue New York, NY 10016 2128497000 Email: justineyoung @ quinnemanuel.com |
| Examiner Robert J. Cleary Patterson Belknap Webb & Tyler LLP 1133 Avenue of the Americas New York, NY 10036 |
rep. by |
Kimberly Black
Patterson Belknap Webb & Tyler LLP 1133 Avenue of the Americas New York, NY 10036 212-336-2720 Fax : 212-336-2222 Email: kblack @ pbwt.com Michael David DeBaecke Ashby & Geddes 500 Delaware Avenue 8th Floor Wilmington, DE 19801 302-654-1888 Fax : 302-654-2067 Email: mdebaecke @ ashbygeddes.com Daniel A. Lowenthal, III Patterson Belknap Webb & Tyler LLP 1133 Avenue of the Americas New York, NY 10036 212-336-2720 Fax : 212-336-2222 Email: dalowenthal @ pbwt.com |
| U.S. Trustee U.S. Trustee Office of the United States Trustee J. Caleb Boggs Federal Building 844 King Street, Suite 2207 Lockbox 35 Wilmington, DE 19801 (302)-573-6491 |
rep. by |
David Gerardi
Office of the United States Trustee One Newark Center 1085 Raymond Boulevard Suite 2100 Newark, NJ 07102 Email: David.Gerardi @ usdoj.gov Benjamin A. Hackman Office of the United States Trustee 844 King Street Suite 2207 Lockbox 35 Wilmington, DE 19801 302-573-6491 Fax : 302-573-6497 Email: benjamin.a.hackman @ usdoj.gov Jonathan Lipshie DOJ-Ust 844 N. King Street Ste 2207 Wilmington, DE 19801 202-567-1124 Email: jon.lipshie @ usdoj.gov Joseph James McMahon, Jr. United States Department of Justice Office of the United States Trustee 844 King Street, Suite 2207 Lockbox #35 Wilmington, DE 19801 302-573-6491 Fax : 302-573-6497 Email: joseph.mcmahon @ usdoj.gov Linda Richenderfer Office of the US Trustee US Trustee's Office 844 King Street, Suite 2207 Wilmington, DE 19801 Email: Linda.Richenderfer @ usdoj.gov Juliet M. Sarkessian U.S. Trustee's Office 844 King Street Room 2207 Lockbox #35 Wilmington, DE 19801 302-573-6491 Fax : 302-573-6497 Email: juliet.m.sarkessian @ usdoj.gov TERMINATED: 11/27/2023 |
| Mediator Ian Connor Bifferato The Bifferato Firm, P.A. 112 French Street Wilmington, DE 19801 TERMINATED: 04/02/2024 |
rep. by |
Ian Connor Bifferato
The Bifferato Firm 112 French St. Wilmington, DE 19801 302-225-7600 Email: cbifferato @ tbf.legal TERMINATED: 04/02/2024 |
| Claims Agent Kroll Restructuring Administration LLC www.kroll.com/kra 1 World Trade Center 31st Floor New York, NY 10007 |
rep. by |
Benjamin Joseph Steele
Kroll Restructuring Administration LLC (F/K/A Prime Clerk LLC) 850 Third Avenue Suite 412 Brooklyn, NY 11232 212-257-5490 Email: bsteele @ primeclerk.com |
| Transcriber Reliable Companies Attn: Gene Matthews 1007 North Orange Street Suite 110 Wilmington, DE 19801 302-654-8080 |
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| Creditor Committee Official Committee of Unsecured Creditors |
rep. by | Luc A. Despins
Paul Hastings LLP 200 Park Avenue New York, NY 10166 212-318-6000 Fax : 212-319-4090 Email: lucdespins @ paulhastings.com Caroline Diaz PAUL HASTINGS LLP 200 Park Avenue NEW YORK, NY 10166 212-318-6000 Fax : 212-319-4090 Email: carolinediaz @ paulhastings.com Kenneth H. Eckstein Kramer Levin Naftalis & Frankel LLP 1177 Avenue of the Americas New York, NY 10036 (212) 715-9100 Fax : (212) 715-8000 Email: keckstein @ kramerlevin.com Erez Gilad Paul Hastings LLP 200 Park Avenue New York, NY 10166 212-318-6000 Fax : 212-319-4090 Email: erezgilad @ paulhastings.com Kristopher M. Hansen Paul Hastings LLP 200 Park Avenue New York, NY 10166 (212)318-6000 Fax : (212)319-4090 Email: krishansen @ paulhastings.com John F. Iaffaldano PAUL HASTINGS LLP 200 Park Avenue NEW YORK, NY 10166 212-318-6000 Fax : 212-319-4090 Email: jackiaffaldano @ paulhastings.com Leonie C. Koch PAUL HASTINGS LLP 200 Park Avenue New York, NY 10166 Email: leoniekoch @ paulhastings.com Jared W Kochenash Young Conaway Rodney Square 1000 N. King Street Wilmington, DE 19801 302-571-6700 Email: jkochenash @ ycst.com Matthew Barry Lunn Young, Conaway, Stargatt & Taylor LLP 1000 North King Street Wilmington, DE 19801 302-571-6600 Email: mlunn @ ycst.com Samantha Martin Paul Hastings LLP 220 Park Avenue New York, NY 10166 212-318-6000 Email: samanthamartin @ paulhastings.com Frank A. Merola Paul Hastings LLP 1999 Avenue of the Stars, 27th Floor Century City, CA 90067 310-620-5899 Email: frankmerola @ paulhastings.com Kenneth Pasquale Paul Hastings LLP 200 Park Avenue New York, NY 10166 (212)318-6000 Fax : (212)319-4090 Email: kenpasquale @ paulhastings.com Robert F. Poppiti, Jr. Young, Conaway, Stargatt & Taylor, LLP 1000 North King Street Wilmington, DE 19801 302-571-6600 Email: rpoppiti @ ycst.com Gabriel Sasson 200 Park Avenue New York, NY 10166 Email: gabesasson @ paulhastings.com Isaac Sasson Paul Hastings LLP 200 Park Avenue New York, NY 10166 212-318-6000 Email: isaacsasson @ paulhastings.com |