Transcript
Introduction
Matt
This is Matt Reustle, and we are releasing a bonus episode of Breakdowns today. While we typically love to cover businesses, we thought this was an interesting opportunity to cover a special situation around a business. And in this case, the FTX bankruptcy. I was joined by Erin Broderick, Head of U.S. Cross-Border Restructuring & Insolvency at Eversheds Sutherland, and Erin represents the Ad Hoc Committee of Non-U.S. customers for FTX.
So that's given her a front-row seat and a hands-on seat to everything that's unfolded at FTX since they entered Chapter 11 in November of 2022. We tried to cover some of the basics around bankruptcy proceedings using FTX as a lens to compare to other restructurings, and Erin helped explain what the key negotiating points have been in this particular case. We'd love your feedback on this episode. So if you're listening on Spotify, drop us a response there or you can respond to any of our social media accounts linked in the show notes of this episode. Now on to the conversation with Erin on FTX.