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February 13, 2024

AGG’s Restructuring Roundup newsletter is a monthly update of legal issues and news affecting or related to commercial litigation and bankruptcy. The newsletter is a curation of published articles and news, and contains original content developed by AGG’s Bankruptcy, Creditors’ Rights, & Financial Restructuring attorneys.
Industry News
February 12, 2024 (Yahoo! Finance)
After starting 2023 in the depths of a bear market, crypto empire Digital Currency Group reported a strong fourth quarter, as well as a valuation of $4.4 billion and an investment portfolio of nearly $1 billion, in a letter sent to shareholders on Monday.
February 11, 2024 (
There's a reason very few new automakers have been launched over the past 40 or so years. Building and selling cars takes a tremendous amount of infrastructure.
February 10, 2024 (
Craft brewery distress has become widespread in the U.S. over the past couple of years, as well as in Canada and the U.K.
February 9, 2024 (The Wall Street Journal)
Bankrupt coworking-space provider WeWork said it owes 160 landlords no rents for the month of November, according to a court filing.
February 9, 2024 (Trading View)
Embattled solar energy development specialist Sunworks — which serves both the residential and commercial markets — filed for Chapter 7 bankruptcy on Monday.
February 9, 2024 (Bloomberg)
A luxury townhouse in London’s exclusive Kensington district is expected to sell for about $34 million (£27 million) as part of bankruptcy proceedings.
February 8, 2024 (Yahoo! Finance)
Genesis Global Holdco LLC has settled a lawsuit brought by New York’s top law enforcement official alleging the bankrupt crypto lender defrauded customers of its now-terminated Gemini Earn program, which was run jointly with Gemini Trust Co.
February 8, 2024 (Yahoo! News)
The Sacramento region will take another hit from Rite Aid’s ongoing closures as the nation-wide pharmacy announced to permanently shutter its distribution center in Woodland.
AGG's Bankruptcy, Creditors' Rights, & Financial Restructuring Team
February 12, 2024 (
AGG's Bankruptcy, Creditors' Rights, & Financial Restructuring team provides valuable knowledge and experience in the areas of commercial debt restructuring, settlements, bankruptcy trusteeships, fiduciary work, and bankruptcy and creditors’ rights litigation.