Where are you getting 90 days from? I found six months, although this was very quick and I could easily have missed something.
This looks like the position under Bahamian law (which might be the relevant law, not Antigua and Barbuda law or US law, given FTX was operating in the Bahamas—I just don’t know how this actually works).
Re the 90 day rule in the United States, see here under the heading ‘Avoidable Transfers’: https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-11-bankruptcy-basics
Just to reiterate, I’m not a US, Antigua+Barbuda or Bahamas lawyer, and this isn’t legal advice.
See the first bullet point in this comment
that’s pointing to US law, yes?
Yes, as was the part of Tyrone-Jay Barugh’s comment referencing the 90 day rule.
Where are you getting 90 days from? I found six months, although this was very quick and I could easily have missed something.
This looks like the position under Bahamian law (which might be the relevant law, not Antigua and Barbuda law or US law, given FTX was operating in the Bahamas—I just don’t know how this actually works).
Re the 90 day rule in the United States, see here under the heading ‘Avoidable Transfers’: https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-11-bankruptcy-basics
Just to reiterate, I’m not a US, Antigua+Barbuda or Bahamas lawyer, and this isn’t legal advice.
See the first bullet point in this comment
that’s pointing to US law, yes?
Yes, as was the part of Tyrone-Jay Barugh’s comment referencing the 90 day rule.