Celsius Network LLC
Case Number:
1:22-bk-10964
Court:
Nature of Suit:
Firms
- Akin Gump
- ArentFox Schiff
- Bernstein Burkley
- Blank Rome
- Bond Schoeneck
- Brown & Connery
- Brown Rudnick
- Cleary Gottlieb
- Coan Payton
- Davis & Gilbert
- Davis Wright Tremaine LLP
- Dentons
- Dickinson Wright
- Duane Morris
- Ervin Cohen
- FisherBroyles
- Fortis LLP
- Fox Rothschild
- Godfrey & Kahn
- Goetz Fitzpatrick
- Hill Farrer
- Hogan Lovells
- Holland & Knight
- Hopkins & Carley
- Hunton Andrews
- Jenner & Block
- Jones Day
- Katten Muchin
- Kaufman Dolowich
- King & Spalding
- Kirkland & Ellis
- Kleinberg Kaplan
- Kramer Levin
- Latham & Watkins
- Law Offices of T. Scott Leo
- Levin-Epstein & Associates
- Lowenstein Sandler
- Maurice Wutscher
- McCarter & English
- McDermott Will & Emery
- McElroy Deutsch
- Milbank LLP
- Miles & Stockbridge
- Mintz & Gold
- Norgaard O'Boyle
- Offit Kurman
- Orrick Herrington
- Parker Pohl
- Paul Hastings
- Polsinelli PC
- Pryor Cashman
- Quinn Emanuel
- Rosenberg & Estis
- Rottenberg Lipman
- Ruskin Moscou
- Saul Ewing
- Shipman & Goodwin
- Sills Cummis
- Sneed Vine
- Sullivan & Cromwell
- Togut Segal
- Troutman Pepper
- Venable LLP
- Wadsworth Garber
- Weil Gotshal
- Weinberg Zareh
- Weir Greenblatt
- White & Case
- Wiggin & Dana
- Willkie Farr
- Womble Bond
- Yankwitt LLP
Companies
- Alvarez & Marsal Holdings LLC
- Centerview Partners Holdings LP
- Coinbase Global Inc.
- Core Scientific Inc.
- Ernst & Young LLP
- Great American Insurance Co.
- Oracle Corp.
- Perella Weinberg Partners LP
- Ripple Labs Inc.
- SAP AG
- Stout Risius Ross LLC
- Stretto Inc.
- Willis Towers Watson PLC
Government Agencies
- Federal Trade Commission
- Illinois Secretary of State
- State of Michigan
- Texas Department of Banking
- Texas State Securities Board
- U.S. Securities and Exchange Commission
Sectors & Industries:
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July 21, 2022
Crypto Dominos Keep Falling, J&J Wants Talc Injunction
Another cryptocurrency player succumbs to marketwide distress, Johnson & Johnson's bankrupt talc unit seeks a pause of talc suits brought by state attorneys general and a $21 million settlement in the liquidation of defunct law firm LeClairRyan is drawing appeals from the bankruptcy watchdog. This is the week in bankruptcy.
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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.