Run-down of recent developments in active cases!
#FTX: Estimates show large account holders (over $50K claim value) will receive a maximum 175% back. Small account holders (with under $50K claim value) received 120.5% in February.
#Nikola: Estimated assets between $500 million and $1 billion, and is aiming to hold a bankruptcy auction by the end of March 2025.
#Joann: Citing $615 million in debt, and announced the closure of all 800 stores.
#JoannBankruptcy
#YellowCorp: As of March 2025, the company is undergoing liquidation proceedings.
#TerraLabs: Recent developments indicate ongoing asset liquidation.
#Vauld: As of March 2025, the company is in advanced stages of restructuring.
#WOM: Asset sales are underway.
#Genesis, #Visa/#Mastercard: No recent filings or significant developments.

*Please note bankruptcy proceedings are always subject to change; creditors are advised to consult court documents or legal counsel for the most accurate information. Have questions about your claim? X-claim can help. #xclaim #claimstrading