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    Seward & Kissel Team Led by John Ashmead Represents CrossTower in Potential Voyager Acquisition

    Back in (the) Black: Road to Recovery
    October 24, 2022

    Virtual currency trading exchange CrossTower Inc. is pursuing a potential deal to acquire the assets of the once-leading Voyager Digital Ltd. out of bankruptcy.

    Bankruptcy Judge Wiles granted Voyager permission to enter into an asset purchase agreement with FTX, which is subject to various closing conditions including confirmation of a Voyager chapter 11 plan, but said Voyager is still allowed to engage any rival bidder with a superior offer.

    A Seward & Kissel team, led by partner John Ashmead, is representing CrossTower in this potential “superior offer” acquisition.

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    The opinions expressed are those of the author(s) and do not necessarily reflect the views of the firm or its clients, or any of its or their respective affiliates. This article is for general information purposes and is not intended to be and should not be taken as legal advice.


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