Kirkland Lands $28M In Fees In Crypto Broker Voyager Ch. 11

By Hilary Russ · September 13, 2023, 7:17 PM EDT

A New York judge on Wednesday approved nearly $89 million in fees for lawyers and other professionals — including $28 million for debtors' counsel Kirkland & Ellis LLP — working on...

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Bankruptcy Scorecard

Summary

Cryptocurrency lending platform Celsius Network LLC filed for Chapter 11 bankruptcy in July, 2022 amid a marketwide downturn known as "crypto winter." In November, it received approval a bankruptcy plan allowing customers to receive crypto asset distributions.

Case Number

1:22-bk-10964

Judge

Martin Glenn

Venue

U.S. Bankruptcy Court for the Southern District of New York

Capital Structure

Total Liabilities:

$5.5 billion

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Documents

Case Information

Case Title

Voyager Digital Holdings, Inc.

Case Number

1:22-bk-10943

Court

New York Southern

Nature of Suit

Date Filed

July 05, 2022