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Published on 12/4/2020 in the Prospect News Distressed Debt Daily.

Cred: U.S. trustee appoints official committee of unsecured creditors

By Sarah Lizee

Olympia, Wash., Dec. 4 – Cred Inc.’s official committee of unsecured creditors has been appointed by Region 3 U.S. trustee Andrew R. Vara, according to a notice filed Thursday in the U.S. Bankruptcy Court for the District of Delaware.

The committee members are Lindsay Lin of DragonFly International Holding Ltd., based in the British Virgin Islands; Wendy Laraine Lee, Cedric de Lisser, Joshua Segall of Maple Partners, LLC, based in Sheridan, Wyo.; Michael Michelin; Christopher Moser; and Kyle Tuo Wang.

Cred is a San Mateo, Calif.-based financial services platform specializing in crypto and fiat currencies. The company filed bankruptcy on Nov. 7 under Chapter 11 case number 20-12836.


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