In a recent episode of Debtwired!, Sullivan & Cromwell Partners Andy Dietderich, Brian Glueckstein and Jake Croke shared a firsthand account of navigating the unprecedented collapse and Chapter 11 restructuring of FTX, one of the most complex bankruptcy cases in recent history. The discussion traces the Firm’s early crisis response, the challenges of stabilizing a fragmented global enterprise with missing assets and disorganized governance, and the innovative legal strategies used to value claims, secure assets and pursue recoveries amid what was effectively a “crime scene.”
The episode also highlights how coordinated litigation, asset recovery efforts and extensive cooperation with U.S. and international regulators helped drive historically high recoveries for creditors and victims.
Listen to the conversation: Full recoveries, untangling, and stories at FTX with Sullivan & Cromwell