Sullivan & Cromwell Gets Go-Ahead to Represent FTX in Bankruptcy Proceedings, Despite Controversy

A Delaware judge has given New York law firm Sullivan & Cromwell the green light to continue representing FTX during its bankruptcy proceedings.

The decision, issued on Friday morning by Judge John T. Dorsey, comes despite recent controversy about the white-shoe law firm having potential conflicts of interest that critics say should disqualify Sullivan & Cromwell from acting as debtors’ counsel.

This is a developing story and will be updated.