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As reported previous 7 days, the Personal bankruptcy Courtroom will contemplate acceptance on the “settlement in theory” in a Listening to scheduled for April 16, 2024, which supplies for a worldwide settlement among the copyright, Genesis, and other creditors inside the Genesis Personal bankruptcy. The settlement arrangement, if approved via t

DCG previously misleadingly declared that it had compensated outstanding financial loans to Genesis in entire, pursuant for the parties’ arrangement to repay specific prepetition financial loans (see January 19th update, below).This discover marks the beginning with the necessary Bankruptcy Court docket acceptance method essential for the “sett