US Trustee Insists On FTX Independent Examiner In Latest Court Filing

Summary: Department of Justice Trustee Andrew R. Vara argued that the court must reassess its decision not to appoint an independent examiner in the FTX bankruptcy case. Judge John Dorsey ruled against the appointment in February, backing the FTX estate’s claims about the unnecessary costs of an examiner and slowing down proceedings. The ruling constituted a “legal error” filed by U.S. Trustee Vara who added costs concerns do not overshadow statutory requirements. Department of Justice Trustee Andrew R. Vara filed