Audio recordings of American court proceedings and related meetings and hearings domestically and overseas
USA
opening with a presentation by the QVC bankruptcy case financiers
continuing questioning of Mr Meltzer
continuing questioning of Mr Meltzer
hearsay tale presented to the US bankruptcy court in Delaware of alleged happenings in Mexico, in support of proposed retention of Mexican counsel over objections
BTM
hearing on approval of sealed proposed settlement agreement between Saks and its largest landlord Simon Property Group to resolve litigation
It sounds like a court battle is planned in the QVC bankruptcy, in which "vulture investors" that allegedly bought stakes in QVC when it was already financially distressed will put on evidence towards trying to propose a different plan for QVC to exit bankruptcy under which they are paid more than the smooth sail out of bankruptcy the company lawyers would prefer. This kind of contentious litigation will likely be concerning to QVC suppliers, insurers and other interested parties - at a minimum because it is costly and preparation for hearings such as the upcoming distracts bankrupt companies' management. Maybe that is why the planning hearing is so vague as to what is going on, avoiding references to QVC or the Home Shopping Network? I don't know. This hearing seemed exceptionally vague. And I thought I heard a reference to an objection deadline of tomorrow but I am not sure. I think things may be possibly be moving too quickly for there to be time for parties to come forward and be heard in the case. More information about the QVC bankruptcy is available here including points of contact if people have questions about what is going on in the bankruptcy and deadlines: https://restructuring.ra.kroll.com/QVC/
For the agenda for the hearing, see the amended agenda filed the day of the hearing, docket number 35618 here:https://restructuring.ra.kroll.com/ftx/Home-DocketInfoThe court's ruling granting the objection to the claim gets into the FTX fraud, how people lost savings, some their families' life savings due to the FTX fraud for which Sam Bankman-Fried was convicted following trial by jury, and sentenced to a 25 year sentence. SBF has appealed his criminal conviction via counsel, seeking a new trial before a new judge.I believe Melamed is typically pronounced Me-LAH-med, not as it is pronounced by the court. The New York City based federal courts tend to do a better job with Jewish surnames than the Delaware federal courts. FTX's bankruptcy proceedings are ongoing in Delaware. SBF is imprisoned in California.MATTERS GOING FORWARD at this May 14, per the amended court agenda:FTX Recovery Trust's Objection to Proofs of Claim Filed by ELD Capital LLC [D.I. 34251, filed on January 2, 2026] Status: The Court will issue a bench ruling on the objection at the hearing.FTX Recovery Trust's Motion to Enforce Prior Orders that Preclude Seth Melamed from Asserting New Claims in Arbitration [D.I. 35243, filed on April 2, 2026] Objection Deadline: April 9, 2026 at 4:00 p.m. (ET); extended to April 20, 2026 for Seth Melamed.
emergency motion
This is a peculiar hearing. Based on the explanation to the court on the record, this brief hearing was on approval of the revised disclosure statement submitted to the court for review within hours of the court hearing, with further party input and more changes anticipated. This is towards approval of the disclosure statement so Saks et al can solicit votes in support of a bankruptcy plan. I'm in the corporate restructuring space and found the presentation incomprehensible for the most part. I don't understand why people who didn't receive notice can be considered to have had a chance to review this disclosure statement and react to it in time to come forward to the bankruptcy court.
More information about the Ascend Elements bankruptcy is available on the free case administration website: https://veritaglobal.net/ascendAnd here's a link to Recycling Today's coverage of the Ascend Elements bankruptcy and events leading up to it: https://www.recyclingtoday.com/news/ascend-elements-files-for-chapter-11-bankruptcy/
The podcast skips a couple of hearings held in the Saks bankruptcy proceedings earlier in April. The 4/24/2026 hearing is a helpful one to review because it includes an update on the restructuring support agreement and also an update on the anticipated timing of the chapter 11 disclosure statement. Additionally the hearing includes a summary of the proposed chapter 11 exit financing, with the business justification for the terms. At the conclusion of the hearing, the bankruptcy court approved the proposed exit financing, and the court noted another hearing is on for next Friday.
In this case the Supreme Court is considering whether investor harm is a prerequisite to a disgorgement award in a civil action brought by the Securities and Exchange Commission (SEC).
This is the second hearing in the case, streamed in this podcast. You can (1) review the first hearing among the earlier episodes of the podcast by scrolling through the various published episodes or (2) access the prior hearing through this link: https://www.justcast.com/shows/center-of-main-interests-international-bankruptcy-and-restructuring-podcast-including-crypto/audioposts/755247
The hearing opens with counsel extending condolences to the Court following the passing of Judge Dorsey, the Judge who had presided over the FTX and Alameda bankruptcy proceedings after they were filed in Delaware in 2022: https://www.deb.uscourts.gov/news/passing-judge-john-t-dorsey
The hearing starts approximately 4 minutes and 40 seconds into the recording.
This is the official audio recording of the argument held in the appeal on April 9, 2026 in United States versus Sean Combs (Diddy) brought before the US Court of Appeals for the Second Circuit following the criminal conviction and sentencing.
This is a very interesting hearing, and is available on the bankruptcy court's docket. I am streaming it to make the audio more accessible to the hearing impaired and people domestically and internationally who cannot readily access this publicly available information.Sorry for the volume issues. The volume is low on the court audio. (It's ok on desktop with headphones.)The hearing opens with the defense counsel (the Binance side) trying to get the bankruptcy "clawback" claims decided via Hong Kong (China) arbitration panel as opposed to by the US bankruptcy court. In the US, if the arbitration clause isn't enforced then the litigation against the defense/Binance side would typically be decided without a jury, by a US bankruptcy judge, even though the challenged transfers were allegedly foreign company to foreign company transfers.As such the hearing is a reminder of the many good years FTX had in Hong Kong during its successful period, and the Chinese investment money in and out of FTX, a group of companies that include Alameda entities and many offshore registered companies that are typically depicted as a single American FTX company by association with the Americans among the former FTX executives.
This audio recording is docketed in the Power Block Coin bankruptcy proceedings as docket number 471.
This is the official court audio of the hearing held April 2, and is docketed on the court's docket.There have been some hearings in the Saks bankruptcy proceedings since the last Saks hearing posted to this podcast. The hearings concerned, for the most part, a dispute with a particular party as opposed to macro developments in the cases. The hearings were somewhat lengthy and broken up over a few recordings, and not available on the podcast but are available on the court's docket and the case administration site. https://cases.stretto.com/Saks/court-docket/ (Search the docket for the files named audio).This latest hearing being streamed here was held on April 2, 2026 and concerns an emergency request to lift the automatic stay. The automatic stay is a protection that goes into effect by operation of law under section 362 of the Bankruptcy Code, when a bankruptcy petition is filed. In this case as it typical the Saks chapter 11 debtors are protected by the stay, not only from contractual obligations, but also from continuing to defend personal injury litigation arising from injuries sustained before Saks Global went into bankruptcy. In this case it sounds like an individual plaintiff wanted to proceed with personal injury litigation in Massachusetts and sought bankruptcy court approval via counsel. The bankruptcy court was responsive, held a hearing, and continued the hearing to a final hearing on May 7. The court encouraged the parties to work things out, in other words to at least agree to a date the automatic stay will lift. This is after the judge suggested a 60 day time frame at the outset of the hearing.The court noted that the court will not allow the stay to stop the case from going to trial indefinitely. I think it would be interesting for the lawyer who argued against the automatic stay being lifted to listen to what he is saying to the court, and ask himself why he would try to deprive a personal injury claimant of continuing litigation when it doesn't make a difference in terms of the future of Saks Global. Also the law is pretty clear, even with outlier cases like Purdue Pharma, which some people estimated pays just $40k for wrongful death claims - that personal injury claims can't be liquidated in bankruptcy court.As the court noted, at some point bankruptcy courts allow personal injury claims to be liquidated, in other words to continue on their path to jury trial or other payout under applicable non bankruptcy law.
This is the official audio of the court hearing held 3/31 and is docketed in the bankruptcy proceedings as docket number 51. For more information about the bankruptcy proceedings see the case administration site at https://restructuring.ra.kroll.com/ultinon/Home-Index
The scheduling in the BlockFills chapter 11 bankruptcy case, pending in Delaware, is changing due to objections filed in the case, which the court concludes require hearing, and unfortunately there was a death in the family of the bankruptcy judge, and his honor needs to travel relatedly.
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