Australian creditors file involuntary Chapter 11 petition against Mawson Infrastructure; company plans to defend

Big Digital Energy, Inc.

Australian creditors W Capital Advisors, Marshall Investments MIG Trust, and Rayra Pty Ltd filed an involuntary Chapter 11 petition against MIGI in Delaware Bankruptcy Court on December 4, 2024.
Mawson has not been formally served; if served, the Board intends to vigorously defend the petition.
The company expects to continue normal operations and execute its business plan; it has no operating sites or assets in Australia.
Mawson highlights related-party concerns between creditor W Capital and former director James Manning, who is subject to an Audit Committee investigation.
The company previously sued Vertua Property Inc. (linked to Manning and W Capital) for breach of lease and tortious interference in Pennsylvania court.

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