Byju’s Hedge Fund Ally Seeks to Keep Lawyers as Cash Runs Out

A 27-year-old hedge fund manager accused of helping Byju’s hide $533 million from lenders has only $3,000 in cash left to defend himself from a lawsuit against himself and the troubled Indian tech firm.

William Morton pleaded with a federal judge on Tuesday to not let his lawyers quit, arguing he hasn’t been able to find a new law firm to represent him in the bankruptcy case of a Byju’s unit now controlled by lenders that are owed $1.2 billion.

“This is a very awkward position for me to be in,” Morton told US Bankruptcy Judge John Dorsey in Wilmington, ...