Celsius Network LLC
Case Number:
1:22-bk-10964
Court:
Nature of Suit:
Firms
- Tycko & Zavareei
- Ervin Cohen
- Cleary Gottlieb
- ArentFox Schiff
- Shipman & Goodwin
- Dentons
- Sills Cummis
- Pryor Cashman
- Godfrey & Kahn
- Duane Morris
- Womble Bond
- Paul Hastings
- Law Offices of T. Scott Leo
- Parker Pohl
- Bailey Cavalieri
- Bressler Amery
- Quinn Emanuel
- Fortis LLP
- Penachio Malara
- Rosenberg & Estis
- Yankwitt LLP
- McElroy Deutsch
- Sarachek Law Firm
- ASK LLP
- Kaufman Dolowich
- Kudman Trachten
- Pierson Ferdinand LLP
- Hogan Lovells
- Alan L Frank Law
- Goldstein & McClintock
- Sullivan & Cromwell
- Kramer Levin
- King & Spalding
- Miles & Stockbridge
- ArentFox Schiff LLP
- Wiggin & Dana
- Dickinson Wright
- Coan Payton
- Saul Ewing
- Norgaard O'Boyle
- Selendy Gay
- Weir Greenblatt
- Maurice Wutscher
- Freedman Normand
- Davis & Gilbert
- Brown & Connery
- Falcon Rappaport
- Wadsworth Garber
- Brown Rudnick
- Offit Kurman
- Raines Feldman
- Kleinberg Kaplan
- Katten Muchin
- Rottenberg Lipman
- Quarles & Brady
- Davis Wright Tremaine
- Togut Segal
- Weil Gotshal
- Troutman
- Ruskin Moscou
- Lowenstein Sandler
- Levin-Epstein & Associates
- Baker & Hostetler
- Jones Day
- Kirkland & Ellis
- Hunton Andrews
- Orrick Herrington
- McCarter & English
- Weinberg Zareh
- Bernstein Burkley
- Lathrop GPM
- McDermott Will & Emery
- Holland & Knight
- Akin Gump
- Fox Rothschild
- Polsinelli PC
- Venable LLP
- Blank Rome
- Bond Schoeneck
- Hill Farrer
- Jenner & Block
- Frejka PLLC
- Latham & Watkins
- Milbank LLP
- White & Case
- Willkie Farr
Companies
- Coinbase Global Inc.
- Stout Risius Ross LLC
- Galaxy Digital
- Core Scientific Inc.
- Ernst & Young LLP
- Great American Insurance Co.
- Centerview Partners Holdings LP
- Perella Weinberg Partners LP
- Ripple Labs Inc.
- Stretto Inc.
- RSM US LLP
- Alvarez & Marsal Holdings LLC
- SAP AG
- Willis Towers Watson PLC
- Otis Worldwide Corp.
- Oracle Corp.
Government Agencies
- Texas Department of Banking
- U.S. Securities and Exchange Commission
- Texas State Securities Board
- Illinois Secretary of State
- Federal Trade Commission
- State of Michigan
Sectors & Industries:
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July 18, 2022
Celsius Says Ch. 11 Is Focused On Reorganization Plans
Attorneys for bankrupt cryptocurrency platform Celsius Network LLC sought to allay the concerns of its customers during an initial court appearance Monday in New York, saying the debtor intended to reorganize its business and that customers wouldn't be forced to take regular fiat currency as a recovery on their claims.
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July 14, 2022
Celsius CEO Blames Ch. 11 On Crypto Crash, 'Poor Decisions'
Cryptocurrency platform Celsius Network is seeking Chapter 11 protection with a shortfall of nearly $1.2 billion thanks to the cryptocurrency market downturn and "poor asset deployment decisions," the company's CEO told a New York bankruptcy court Thursday.
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July 14, 2022
Ch. 11 Cheat Sheet: Celsius Network LLC
Cryptocurrency lending platform Celsius Network LLC became the latest industry player to fall into bankruptcy Thursday, suffering from the marketwide downturn known as "crypto winter" that has led to massive drops in value and unsustainable customer demands for asset withdrawals.