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Chapter 11 bankruptcy and debtor-in-possession status

Company: Core Scientific

Subject kind
regulatory
Statement date
2023-04-02
Current status
stated

The claim, verbatim

Company and certain affiliates filed voluntary Chapter 11 bankruptcy petitions on December 21, 2022, in the United States Bankruptcy Court for the Southern District of Texas and continue to operate as debtors-in-possession under Bankruptcy Court jurisdiction.

Source (primary)

Core Scientific 8-K filed 2023-04-03 (SEC EDGAR, sec_filing)
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Quote: “on December 21, 2022, Core Scientific, Inc. (the "Company") and certain of its affiliates (collectively, the "Debtors") filed voluntary petitions (the "Chapter 11 Cases") in the United States Bankruptcy Court for the Southern District of Texas...The Debtors continue to operate their business and manage their properties as "debtors-in-possession" under the jurisdiction of the Bankruptcy Court”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Core Scientific 8-K filed 2023-04-03

Quote: “on December 21, 2022, Core Scientific, Inc. (the "Company") and certain of its affiliates (collectively, the "Debtors") filed voluntary petitions (the "Chapter 11 Cases") in the United States Bankruptcy Court for the Southern District of Texas...The Debtors continue to operate their business and manage their properties as "debtors-in-possession" under the jurisdiction of the Bankruptcy Court”

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