{"id":846324,"date":"2024-08-21T08:17:57","date_gmt":"2024-08-21T02:47:57","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=846324"},"modified":"2024-08-21T08:34:42","modified_gmt":"2024-08-21T03:04:42","slug":"byjus-hedge-fund-ally-morton-seeks-to-keep-lawyers-as-cash-runs-out","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/21\/byjus-hedge-fund-ally-morton-seeks-to-keep-lawyers-as-cash-runs-out\/","title":{"rendered":"Byju&#8217;s hedge fund ally Morton seeks to keep lawyers as cash runs out"},"content":{"rendered":"<p>A 27-year-old hedge fund manager accused of helping Byju\u2019s hide $533 million from lenders has only $3,000 in cash left to defend himself from a lawsuit against himself and the troubled Indian tech firm. <\/p>\n<p>William Morton pleaded with a federal judge on Tuesday to not let his lawyers quit, arguing he hasn\u2019t been able to find a new law firm to represent him in the bankruptcy case of a Byju\u2019s unit now controlled by lenders that are owed $1.2 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A 27-year-old hedge fund manager accused of helping Byju\u2019s hide $533 million from lenders has only $3,000 in cash left to defend himself from a lawsuit against himself and the troubled Indian tech firm. William Morton pleaded with a federal judge on Tuesday to not let his lawyers quit, arguing he hasn\u2019t been able to find a new law firm to represent him in the bankruptcy case of a Byju\u2019s unit now controlled by lenders that are owed $1.2 billion.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-846324","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/846324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=846324"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/846324\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=846324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=846324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=846324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}