Restructuring Report

June 30, 2025 - FTX, 23andMe, CareerBuilder & Monster.com, Higher Ground Education

Stretto Episode 1

This episode breaks down key developments in the following restructuring cases:

  • FTX Recovery Trust moves to cut $1.93B in disputed claims, potentially speeding up payouts to creditors.
  • 23andMe’s $305M asset sale approved despite privacy concerns over genetic data.
  • CareerBuilder & Monster.com’s parent company files for Chapter 11 amid falling ad revenue and new competition.
  • Higher Ground Education, the nation’s largest Montessori operator, enters bankruptcy after pandemic-driven losses.

💡 From crypto to edtech, we explore how risk, regulation, and reputation are redefining modern insolvency.

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