Protecting a private investor's interests following the issuer's failure to meet its obligations on a defaulted DFA issue.
The issuer defaulted on the DFA issue, requiring court proceedings to recover the debt before full-scale bankruptcy proceedings were opened against the debtor.
The digital financial asset issuer acknowledged the default and refused to satisfy the creditor's demands.
We conducted the case before a court of general jurisdiction and carried out a comprehensive review of the documents confirming the claim arose and its exact amount. We prepared and filed an application to include the client's claim in the register of creditors' claims.
Active court protection is under way.
This is one of the early cases shaping a practical approach to protecting creditors' rights on a DFA issuer's default, both in ordinary court proceedings and directly at the bankruptcy stage.
Recovering DFA debts; protecting investors' rights on the default of digital-asset issuers; filing for inclusion in the register of creditors' claims.
