One of America’s elite white-collar law firms has emerged as a contentious figure in the complex FTX saga
. A judge ruled that the bankrupt crypto platform could retain Sullivan & Cromwell as legal counsel, overruling objections from FTX customers who accused the firm of conflicts of interest. g Delaware bankruptcy Judge John Dorsey dismissed an emergency motion to delay proceedings, saying on Thursday there is “no evidence of any actual conflict here.
Dorsey dismissed Friedberg’s declaration: “Frankly, it’s, it’s full of hearsay, innuendo, speculation, rumors,” he said. “It’s certainly not something I would allow to be introduced into evidence in any event.” The US Trustee, which represents the Department of Justice in court, dropped its own objection to the firm’s retention on Friday in light of additional disclosures that were filed clarifying potential conflicts.
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