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Genesis to enter mediation with creditors to continue restructuring plan

By Mike Dalton at 2026-05-03 13:48

Sentiment: Negative

Genesis will enter mediation with its creditors in order to maintain its proposed restructuring plan, Bloomberg said on April 28. According to Genesis’ lawyer, Sean O’Neal, Genesis will engage in a 30-day mediation process with its committee of unsecured creditors. The process will involve two main mediation sessions prior to May 8, and the terms […] The post Genesis to enter mediation with creditors to continue restructuring plan appeared first on CryptoSlate. Continue reading...

Categories: Bankruptcy

Tags: #Bankruptcy #Lending

Source CryptoSlate