TechFlow news: Genesis has extended the mediation deadline with creditors for the final time to August 16. If no substantial progress is made within the next two weeks, the mediation period will not be extended further.
Since May, Genesis has been mediating with key stakeholders, including its parent company DCG and Gemini, attempting to salvage DCG-backed proposed bankruptcy exit plans. However, these plans have been rejected by the Official Committee of Unsecured Creditors.




