FTX has turned to Sullivan & Cromwell veterans who aided major restructurings, including Eastman Kodak Co., to sort out the crypto exchange’s affairs in Chapter 11.
Andrew Dietderich, co-head of restructuring for the white-shoe firm who helped guide Kodak’s 125-country reorganization, is leading a legal team at the firm advising FTX.
He’s aided at the Wall Street firm by partners James L. Bromley, who led Nortel Networks US Chapter 11, and Brian Glueckstein, who represented Fiat Chrysler in matters including the insolvency and restructuring of Takata Corp.
The FTX debacle sets up an “all-hands-on-deck situation” requiring dozens of attorneys working ...
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