Wolverine Asset Management, LLC along with a group of creditors filed an involuntary petition for liquidation under Chapter 7 against Global Brokerage Inc. in the US Bankruptcy Court for the Southern District of New York on March 23, 2023. The total claim amount of the petitioning creditors was $0.06 million. The petitioning creditors are represented by Robert J. Stark of Brown Rudnick LLP as their legal counsel.