Joe Moldovan Quoted in The Block on Current Truce Between the US and the Bahamas in FTX Bankruptcy Case

Joe Moldovan was quoted in a January 17, 2023 article in The Block entitled “FTX Bankruptcy Debtors Ditch the Courtroom Drama — For Now.” The article discussed the current truce between FTX debtors and Bahamian liquidators in the FTX bankruptcy case, which is good news for FTX’s creditors, who want to recover money locked in the company.

Since FTX debtors agreed to cooperate with joint provisional liquidators in the Bahamas at the beginning of the month, the two parties, Joe stated, have “agreed to go to the neutral corners and do their jobs. And if they need to fight about something later, they reserve the right to do so. But their goal is not to do that.” Maintaining that conflicts are still likely to arise given the scope of the case, he continued, “Can they fight later? Sure. Will there be disagreements? Well, everybody's human. There will be disagreements. Will these disagreements get resolved? I'm a bankruptcy lawyer. Disagreements always get resolved. That's the way it works.”

Read the article here.