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2min chapter
Why the Messy 3AC, Celsius, and Voyager Bankruptcies Will Drag on for Years - Ep.377
Unchained
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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Listen to the best highlights from the podcasts you love and dive into the full episode