3 ms·
Unlikely is was paid up front. The news articles say things like "$90m over 19 years". There is also almost certainly terms in the contract relating to the repu
by pbreit 4y ago
Unlikely is was paid up front. The news articles say things like "$90m over 19 years". There is also almost certainly terms in the contract relating to the reputation of the advertiser (FTX in this case).
All of this is handled much differently if a party is in bankruptcy (which is the point of bankruptcy).