Question
You have been hired as a consultant to the FTX LLC. Bankruptcy Trustee following the conviction and sentencing of Sam Bankman-Fried. The FTX LLC. Bankruptcy
You have been hired as a consultant to the FTX LLC. Bankruptcy Trustee following the conviction and sentencing of Sam Bankman-Fried. The FTX LLC. Bankruptcy Trustee has asked you to consult and answer the following questions:
1. Prior to the conviction did Mr. Bankman-Fried and Ms. Caroline Ellison actunethically?Identify one behavior for each Mr. Bankman-Fried and Ms. Ellison that is unethical pursuant to the Utilitarian Theory. You must discuss a total of two behaviors.
a.
2. Assume that FTX, LLC, a closely held corporation, is incorporated in the State of Nevada with its offices in Antigua and Barbuda. At the time of his arrest FTX, LLC. had 50 shareholders and is NOT publicly traded. At the time of FTX LLC. filing for Bankruptcy protection, FTX had liabilities in excess of its assets. The FTX LLC. Bankruptcy Trustee asked whether the shareholders' respective personal assets are at risk to pay the debts of $8 billion. Please advise with the application of the appropriate state law. Give reasons for your answer.
3. On the way to Court, Mr. Bankman-Fried and his lawyer used the Cruise App to obtain a ride from the Jail to the Courthouse. While riding in the autonomous vehicle it collided with Ms. Ellison who was crossing the road in front of the Cruise vehicle while walking outside of the pedestrian walkway. For question number 3 only, Cruise hired you to determine whether autonomous vehicles are subject to any Federal Government regulation. What Federal Regulation(s) apply, if any? Give reasons.
4. Amid a federal investigation into what caused a door plug to blow off a Boeing Max 9 jet in January 2024, Boeing officials said that the documents relating to the door plug are missing. While no one died as a result of the door falling to Earth, you have been hired to advise Boeing's leadership regarding what course of action should have taken place immediately following the January 5 accident when a door plug tore off at 16,000 feet and left a massive hole during an Alaska Airlines flight. Pursuant to Marketing and the Utilitarian theory what is your advice? You must provide citations to the articles upon which you rely.
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