Scilex Files Emergency Motion In Bankruptcy Court For South District Of Texas For Entry Of Order Compelling Production Of Books And Records From Certain Brokers, Dealers, Banks And Nominees Pursuant To Rule 2004 Of Federal Rules Of Bankruptcy Procedure
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Scilex has filed an emergency motion in the Bankruptcy Court for the South District of Texas, seeking an order to compel the production of books and records from certain brokers, dealers, banks, and nominees under Rule 2004 of the Federal Rules of Bankruptcy Procedure.
October 27, 2023 | 6:10 pm
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Scilex's emergency motion in bankruptcy court could potentially impact its financial situation and stock price.
Scilex's emergency motion in bankruptcy court indicates a serious financial situation. This could potentially lead to a negative impact on its stock price as investors may perceive this as a sign of financial instability.
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