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IRS, SEC added to list of creditors in Genesis bankruptcy filing
The Internal Revenue Service, the Securities and Exchange Commission and the U.S. Attorney’s office for the Southern District of New York were among some of the creditors listed in a court document filed Monday. Genesis Global Holdco filed for bankruptcy protection last week in the U.S. Bankruptcy Court for the Southern District of New York. When it filed for bankruptcy, the firm said it had more than $150 million in cash on hand to provide “ample liquidity” to support its business operations and facilitate the restructuring process. Many of the creditors’ names were redacted. Others include law firm Norton ... (full story)