FTX Creditors Committee Taps Paul Hastings to Lead Legal Work

December 22, 2022, 2:10 AM UTC

Law firm Paul Hastings won the competition to represent the creditors committee in the FTX bankruptcy, a lucrative position that gives the firm’s lawyers a prominent role in the closely watched proceeding.

Paul Hastings partners Kris Hansen and Chris Daniel are leading the representation, a firm spokesman confirmed. Reorg first reported Paul Hastings’ role.

Multiple law firms made presentations this week in front of a judge to win the work. The official nine-member committee formed last week includes investment firms from around the world, a unit of digital asset firm Genesis, and an individual investor.

FTX, once valued at over ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.