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Kroll Liquidators Secured Multi-Million Dollar Settlement Between Emergent Fidelity Technologies and FTX Estate Approved by US Bankruptcy Court
This settlement is part of the ongoing efforts to recoup assets back for the victims of Bankman-Fried's scheme.
"The settlement is a significant step in the liquidation of Emergent Fidelity Technologies, Ltd., providing a fair and efficient resolution for all parties. It underscores our commitment to maximizing value and aims to resolve outstanding claims and facilitate the equitable distribution of assets to creditors."
Emergent is represented by the liquidators, Angela Barkhouse and Toni Shukla of Kroll, Morgan Lewis & Bockius LLP as legal counsel in the United States , Forbes Hare , and Lake Kentish & Bennett in Antigua , and David Joseph KC and Alex Riddiford of Essex Court Chambers as counsel.
As the leading independent provider of financial and risk advisory solutions, Kroll leverages our unique insights, data and technology to help clients stay ahead of complex demands. Kroll's team of more than 6,500 professionals worldwide continues the firm's nearly 100-year history of trusted expertise spanning financial, risk, governance, transactions and valuation. Our advanced solutions and intelligence provide clients the foresight they need to create an enduring competitive advantage. At Kroll, our values define who we are and how we partner with clients and communities. Learn more at kroll.com .
View original content: https://www.prnewswire.co.uk/news-releases/kroll-liquidators-secured-multi-million-dollar-settlement-between-emergent-fidelity-technologies-and-ftx-estate-approved-by-us-bankruptcy-court-302280324.html