Storj Labs Files Voluntary Chapter 11 Bankruptcy to Restructure Legacy Debt, Operations Continue
Covered by 4 sources · 4 articles
4 outlets - including Cryptoninjas, Cryptopolitan and Crypto-economy and 1 more - are covering this story. Key Takeaways: Storj has made an informed decision to file for Chapter 11 to restructure its legacy liabilities without halting business as usual. During the process, the decentralized storage network, The post Storj Files Chapter 11 to Res…
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Storj Files Chapter 11 to Resolve Legacy Debt
Key Takeaways: Storj has made an informed decision to file for Chapter 11 to restructure its legacy liabilities without halting business as usual. During the process, the decentralized storage network, The post Storj Files Chapter 11 to Res…
Storj Labs has filed for Chapter 11 bankruptcy
Decentralized cloud storage provider Storj Labs has become the latest in crypto to file for bankruptcy, over what the company described as “legacy obligations.” Storj voluntarily filed for a Chapter 11 restructuring on July 26th at the U.S.…
Storj Labs Files Chapter 11 to Restructure Legacy Debt
Storj Labs said that it voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Northern District of West Virginia. The company described the filing as a way to address legacy obligations while preserving normal ope…
Storj Labs Files Voluntary Chapter 11 Bankruptcy to Restructure Legacy Debt, Operations Continue
Storj Labs has filed for Chapter 11 bankruptcy to restructure legacy debt after raising roughly $35 million, but customer services will continue.