{"id":846503,"date":"2024-08-21T10:37:58","date_gmt":"2024-08-21T05:07:58","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=846503"},"modified":"2024-08-21T10:43:09","modified_gmt":"2024-08-21T05:13:09","slug":"byjus-hedge-fund-ally-seeks-to-keep-lawyers-as-cash-runs-out","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/21\/byjus-hedge-fund-ally-seeks-to-keep-lawyers-as-cash-runs-out\/","title":{"rendered":"Byju\u2019s hedge fund ally 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 (Rs 4,470 crores) from lenders has only $3,000 (Rs 2,51,595.45) 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 (Rs 10,063 crore). <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A 27-year-old hedge fund manager accused of helping Byju\u2019s hide $533 million (Rs 4,470 crores) from lenders has only $3,000 (Rs 2,51,595.45) 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 (Rs 10,063 crore).<\/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":[20,44,4],"tags":[],"class_list":["post-846503","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-it-2-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/846503","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=846503"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/846503\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=846503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=846503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=846503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}