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Why the Messy 3AC, Celsius, and Voyager Bankruptcies Will Drag on for Years - Ep.377

Unchained

CHAPTER

Understanding Creditor Hierarchies in Bankruptcy

This chapter explores the complexities of creditor treatment during bankruptcy, contrasting the roles of retail and institutional investors. It emphasizes the equal priority of unsecured creditors and the prominent impact of administrative costs on the insolvency process.

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