MSP Recovery Inc. Faces Setbacks as Key Partners Terminate Restructuring Agreement, Yet Remain Open to Future Negotiations

Reuters

06-06

MSP Recovery Inc. Faces Setbacks as Key Partners Terminate Restructuring Agreement, Yet Remain Open to Future Negotiations

MSP Recovery Inc. is undergoing significant restructuring changes as recent developments unfold. Initially, a Term Sheet was agreed upon by MSP Recovery Inc., Virage Recovery Master, LP, Hazel Partners Holdings, LLC, and other parties, aimed at cost reduction and debt conversion into equity. However, on May 30, 2025, Hazel terminated this agreement due to unmet conditions by the April 30 deadline, but provided a final funding advance of $0.8 million on June 2. Subsequently, Virage also terminated the agreement, citing Hazel's actions as the reason. Despite these setbacks, both Hazel and Virage have expressed a willingness to negotiate a new arrangement for additional working-capital funding to support MSP Recovery Inc.'s ongoing operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MSP Recovery Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-082304), on June 05, 2025, and is solely responsible for the information contained therein.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2541700589"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2541700589\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2541700589?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-06 04:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2541700589","market":"nz","top_or_hot":-1,"title":"MSP Recovery Inc. Faces Setbacks as Key Partners Terminate Restructuring Agreement, Yet Remain Open to Future Negotiations","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      MSP Recovery Inc. Faces Setbacks as Key Partners Terminate Restructuring Agreement, Yet Remain Open to Future Negotiations\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        MSP Recovery Inc. is undergoing significant restructuring changes as recent developments unfold. Initially, a Term Sheet was agreed upon by MSP Recovery Inc., Virage Recovery Master, LP, Hazel Partners Holdings, LLC, and other parties, aimed at cost reduction and debt conversion into equity. However, on May 30, 2025, Hazel terminated this agreement due to unmet conditions by the April 30 deadline, but provided a final funding advance of $0.8 million on June 2. Subsequently, Virage also terminated the agreement, citing Hazel's actions as the reason. Despite these setbacks, both Hazel and Virage have expressed a willingness to negotiate a new arrangement for additional working-capital funding to support MSP Recovery Inc.'s ongoing operations.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MSP Recovery Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-082304), on June 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MSP Recovery Inc. Faces Setbacks as Key Partners Terminate Restructuring Agreement, Yet Remain Open to Future Negotiations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMSP Recovery Inc. Faces Setbacks as Key Partners Terminate Restructuring Agreement, Yet Remain Open to Future Negotiations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-06 04:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      MSP Recovery Inc. Faces Setbacks as Key Partners Terminate Restructuring Agreement, Yet Remain Open to Future Negotiations\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        MSP Recovery Inc. is undergoing significant restructuring changes as recent developments unfold. Initially, a Term Sheet was agreed upon by MSP Recovery Inc., Virage Recovery Master, LP, Hazel Partners Holdings, LLC, and other parties, aimed at cost reduction and debt conversion into equity. However, on May 30, 2025, Hazel terminated this agreement due to unmet conditions by the April 30 deadline, but provided a final funding advance of $0.8 million on June 2. Subsequently, Virage also terminated the agreement, citing Hazel's actions as the reason. Despite these setbacks, both Hazel and Virage have expressed a willingness to negotiate a new arrangement for additional working-capital funding to support MSP Recovery Inc.'s ongoing operations.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MSP Recovery Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-082304), on June 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4196","symbol_name":"保健护理服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250605:nNDL3sxCTG:1","article_id":"2541700589","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2541700589","pubTimestamp":1749153990,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"MSP Recovery Inc. is undergoing significant restructuring changes as recent developments unfold. Initially, a Term Sheet was agreed upon by MSP Recovery Inc., Virage Recovery Master, LP, Hazel Partners Holdings, LLC, and other parties, aimed at cost reduction and debt conversion into equity. However, on May 30, 2025, Hazel terminated this agreement due to unmet conditions by the April 30 deadline, but provided a final funding advance of $0.8 million on June 2. Subsequently, Virage also terminated the agreement, citing Hazel's actions as the reason. Despite these setbacks, both Hazel and Virage have expressed a willingness to negotiate a new arrangement for additional working-capital funding to support MSP Recovery Inc.'s ongoing operations.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be in","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4196":"保健护理服务","MSPR":"MSP Recovery, Inc."},"translate_title":"MSP Recovery Inc.因主要合作伙伴终止重组协议而面临挫折，但仍对未来谈判持开放态度","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSPR":0.9},"content_text":"MSP Recovery Inc. Faces Setbacks as Key Partners Terminate Restructuring Agreement, Yet Remain Open to Future Negotiations\n    \n\n        MSP Recovery Inc. is undergoing significant restructuring changes as recent developments unfold. Initially, a Term Sheet was agreed upon by MSP Recovery Inc., Virage Recovery Master, LP, Hazel Partners Holdings, LLC, and other parties, aimed at cost reduction and debt conversion into equity. However, on May 30, 2025, Hazel terminated this agreement due to unmet conditions by the April 30 deadline, but provided a final funding advance of $0.8 million on June 2. Subsequently, Virage also terminated the agreement, citing Hazel's actions as the reason. Despite these setbacks, both Hazel and Virage have expressed a willingness to negotiate a new arrangement for additional working-capital funding to support MSP Recovery Inc.'s ongoing operations.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MSP Recovery Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-082304), on June 05, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}