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DCG proposes a new creditor agreement, allowing unsecured creditors to recover 70-90% of the debt amount

Sep 19, 2024 03:36:46

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ChainCatcher news, according to The Block, DCG has proposed a new creditor agreement in the Genesis bankruptcy case, allowing unsecured creditors to recover 70-90% of the debt amount. The agreement aims to renegotiate the $630 million loan between Genesis and DCG, which still requires creditor approval.

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