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Judge dismisses Banq's bankruptcy application in ongoing litigation.
Bankruptcy

Judge Dismisses Banq's Chapter 11 Bankruptcy Application

A U.S. judge dismissed Banq's Chapter 11 bankruptcy filing, viewing it as a tactic to avoid litigation. The case reveals allegations against chair Jon Jiles regarding fiduciary duties and prioritiz...

bankruptcyImage depicting a courtroom related to Banq's bankruptcy case.

Judge Dismisses Banq's Chapter 11 Bankruptcy Application

A U.S. judge dismissed Banq's bankruptcy application, viewing it as an attempt to evade litigation by creditor N9, rather than a genuine organizational effort. Find out more about the ongoing legal...