Terraform Labs Pte. Ltd.

  1. March 10, 2025

    Judge Alters Terraform Crypto Claims Order To Avoid Bullying

    A Delaware bankruptcy judge on Monday asked the Chapter 11 plan administrator of defunct cryptocurrency software developer Terraform Labs to slightly modify instructions for creditors filing claims for its collapsed stablecoin after concerns were raised about language that could be intimidating to claimants.

  2. February 26, 2025

    Judge Sets Deadline For Terraform Crypto Loss Claims

    A Delaware bankruptcy judge Wednesday approved a request by the Chapter 11 plan administrator of defunct cryptocurrency software developer Terraform Labs to set an April 30 deadline for any claims of losses from Terraform's collapsed stablecoin.

  3. February 20, 2025

    Terraform Ch. 11 Financial Adviser Overbilled, Objectors Say

    An adviser to unsecured creditors in the Delaware Chapter 11 of defunct cryptocurrency software developer Terraform Labs has "unreliable" fee records, with some of its professionals billing over 400 hours a month across multiple bankruptcies, the U.S. Trustee's Office and a plan administrator have alleged.

  4. February 03, 2025

    Trustee Objects To White & Case Pay In Terraform Ch. 11

    The U.S. Trustee's Office has asked a Delaware bankruptcy court to reject a roughly $431,000 request by White & Case LLP for work on behalf of the official committee of unsecured creditors in defunct cryptocurrency company Terraform Labs' Chapter 11, saying the firm was never formally retained by the committee and the work was ineligible.

  5. October 31, 2024

    Terraform Ch. 11 Trust Gets OK For $45M Crypto Deal

    A bankruptcy judge in Delaware has approved a settlement among the wind-down trust created through the Chapter 11 plan of defunct cryptocurrency firm Terraform Labs, the company's co-founder, the Luna Foundation Group and Avalanche Inc. that will see the trust receive $45.5 million in cash in exchange for 1.9 million digital tokens.

  6. September 24, 2024

    J&J Talc Claims Paused, Silvergate Parent Files For Ch. 11

    A Texas bankruptcy judge has put on hold certain talc-related personal injury lawsuits against Johnson & Johnson, and Silvergate Capital has filed for Chapter 11 to liquidate assets following client losses tied to the FTX collapse. This is the week in bankruptcy.

  7. September 19, 2024

    Terraform Gets OK For Ch. 11 Liquidation Plan

    A Delaware bankruptcy judge on Thursday confirmed the Chapter 11 liquidation plan from cryptocurrency firm Terraform Labs after overruling objections from several individual cryptocurrency investors.

  8. September 18, 2024

    What To Expect At Terraform's Plan Confirmation Hearing

    Bankrupt cryptocurrency firm Terraform Labs will face several objections from individual investors and the U.S. Trustee's Office at a hearing Thursday in Delaware in which it hopes to receive confirmation of its Chapter 11 liquidation plan.

  9. August 19, 2024

    Ex-Judge Jones Beats Conspiracy Suit, Robertshaw Plan OK'd

    A Texas federal judge has thrown out a racketeering lawsuit alleging a conspiracy involving Kirkland & Ellis, Jackson Walker, ex-bankruptcy judge David R. Jones and an attorney with whom he had a romantic relationship, but a separate judge decided to sanction Jones for meeting with Jackson Walker for an "off-the-record" interview. This is the week in bankruptcy.

  10. August 12, 2024

    3AC Hedge Fund Files $1.3B Claim In TerraForm Bankruptcy

    Liquidators of collapsed crypto hedge fund Three Arrows Capital Ltd. filed a $1.3 billion claim in the TerraForm Labs Pte. bankruptcy in Delaware federal court Friday, according to documents obtained by Law360.