The Iowa Commissioner of Insurance (the “Commissioner”) filed a petition, on January 29, 2015, seeking to liquidate CoOpportunity Health, Inc. (“CoOpportunity”), a Consumer Operated and Oriented Plan (“CO-OP”) established under the Affordable Care Act (“ACA”) that has sold health insurance on the Iowa and Nebraska Exchanges.
USA, Healthcare & Life Sciences, Insolvency & Restructuring, Insurance, Foley & Lardner LLP, Affordable Care Act 2010 (USA)
After filing for US bankruptcy protection in Texas based on aJapanese bankruptcy, the Judge ordered that Mt.
Mt. Gox shut down and a lawsuit was filed that alleges Mt. Gox and Mark Karpeles’ “catastrophic loss …uncovered a massive scheme to defraud millions of consumers into providing a private company with real, paper money in exchange for virtual currency.” Computerworld reported that Mt.
USA, Insolvency & Restructuring, Internet & Social Media, Litigation, Foley & Lardner LLP, Class action, Bitcoin