June 22, 2026
A New York bankruptcy judge has overruled most of the objections lodged by a director of Prince Global Holdings to the language of a Chapter 15 recognition order but allowed some changes that would balance the rights of the debtors, their directors and the joint provisional liquidators appointed in a British Virgin Island insolvency proceeding.
June 15, 2026
The dramatic case of Prince Global Holdings, whose founder is accused of running one of Asia's largest transnational criminal organizations, illustrates the breadth of issues that Chapter 15 of the U.S. Bankruptcy Code can handle — and potentially its limits, cross-border insolvency experts told Law360.
June 15, 2026
First Brands was cleared to send its Chapter 11 plan to a creditor vote, defeating calls to convert the case to a Chapter 7 liquidation. The Supreme Court reversed a Fifth Circuit decision that barred a man from bringing a personal injury lawsuit he failed to disclose in bankruptcy. And a company linked to an alleged trafficking ring won Chapter 15 recognition.
June 09, 2026
A New York bankruptcy judge said he would grant recognition of the British Virgin Islands insolvency proceeding of Prince Global Holdings, which is part of a Cambodian conglomerate accused of running a massive fraud and human trafficking ring.
April 22, 2026
A New York bankruptcy judge on Wednesday allowed the joint liquidators of Prince Global Holdings, the debtor at the center of a massive alleged Cambodian fraud and human trafficking ring, to begin gathering information in the United States as they seek to uncover hidden assets and unravel the tangle of entities involved.
April 21, 2026
Sullivan & Cromwell LLP told a New York bankruptcy judge Saturday that an emergency motion it filed in Prince Global Holdings Ltd.'s Chapter 15 case contained several inaccurate citations and other errors, including what the firm described as artificial intelligence "hallucinations."
April 13, 2026
The joint provisional liquidators appointed by a British Virgin Islands court to oversee the wind-down of companies tied to the Prince Group and its alleged international crypto scamming and human trafficking enterprise have retained a team of lawyers from Sullivan & Cromwell LLP to guide them in a New York Chapter 15 bankruptcy case.
April 09, 2026
Court-appointed liquidators of the companies in the Prince Group — linked by U.S. and U.K. authorities to a massive Cambodia-based "pig butchering" network that used human-trafficked captives to sell scam crypto investments — are seeking Chapter 15 recognition of their insolvency proceedings.