Celsius Network LLC
Case Number:
1:22-bk-10964
Court:
Nature of Suit:
Firms
- Hill Farrer
- Parker Pohl
- McElroy Deutsch
- Godfrey & Kahn
- Law Offices of T. Scott Leo
- Kane Russell
- Penachio Malara
- Yankwitt LLP
- Weir Greenblatt
- Doshi Legal Group
- Rottenberg Lipman
- Kleinberg Kaplan
- Coan Payton
- Van Tol Law PLLC
- ASK LLP
- Sills Cummis
- Wadsworth Garber
- Lathrop GPM
- Pierson Ferdinand LLP
- Sarachek Law Firm
- Zuber Lawler
- Weil Gotshal
- Alan L Frank Law
- Kirkland & Ellis
- Selendy Gay
- Offit Kurman
- King & Spalding
- Polsinelli PC
- Hunton Andrews
- Norgaard O'Boyle
- Fortis LLP
- Goldstein & McClintock
- Sullivan & Cromwell
- White & Case
- Katten Muchin
- Quinn Emanuel
- McDermott Will & Schulte
- Brown Rudnick
- Ruskin Moscou
- Davis Wright Tremaine
- Milbank LLP
- Bernstein Burkley
- Miles & Stockbridge
- Tycko & Zavareei
- McCarter & English
- Ballard Spahr
- Wiggin & Dana
- Womble Bond
- Proskauer Rose
- Baker & Hostetler
- Goetz Platzer
- Dentons
- Willkie Farr
- Saul Ewing
- Cleary Gottlieb
- Paul Hastings
- Orrick Herrington
- Latham & Watkins
- Scoolidge Peters
- Venable LLP
- Jones Day
- Buchalter LLP
- Pryor Cashman
- HSF Kramer
- Kaufman Dolowich
- ArentFox Schiff
- Duane Morris
- Morrison & Foerster
- Blank Rome
- Troutman
- Holland & Knight
- Jenner & Block
- Akin Gump
- Dickinson Wright
- Shipman & Goodwin
- Bond Schoeneck
- Quarles & Brady
- Freedman Normand
- Kudman Trachten
- Davis & Gilbert
- Lowenstein Sandler
- Maurice Wutscher
- Lorium PLLC
- Brown & Connery
- Fox Rothschild
- Levin-Epstein & Associates
- Bressler Amery
- Falcon Rappaport
- Weinberg Zareh
- Raines Feldman
- Frankel Rubin
- Winthrop Golubow
- Bailey Cavalieri
- Rosenberg & Estis
- Ervin Cohen
- Frejka PLLC
Companies
- Otis Worldwide Corp.
- Alvarez & Marsal Holdings LLC
- Oracle Corp.
- Coinbase Global Inc.
- Core Scientific Inc.
- RSM US LLP
- Centerview Partners Holdings LP
- Galaxy Digital
- Great American Insurance Co.
- Stretto Inc.
- Ernst & Young LLP
- Stout Risius Ross LLC
- Fireblocks
- Willis Towers Watson PLC
- Ripple Labs Inc.
- Perella Weinberg Partners LP
- SAP AG
Government Agencies
- State of Michigan
- Texas State Securities Board
- Illinois Secretary of State
- Texas Department of Banking
- U.S. Securities and Exchange Commission
- Federal Trade Commission
Sectors & Industries:
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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.