Rhodium Encore LLC

  1. December 02, 2024

    Deal Struck In Discount Chain Plan, No Sanctions In J&J Case

    Holders of notes issued by 99 Cents Only will take a $297 million haircut, Beasley Allen dodged discovery sanctions in Johnson & Johnson's latest spinoff bankruptcy and a Mexican industrial equipment leasing group sought U.S. recognition for its reorganization. This is the week in bankruptcy.

  2. November 26, 2024

    Bitcoin Miner Rhodium To Get OK For $55M Ch. 11 Sale

    A Texas bankruptcy judge on Tuesday agreed to approve bitcoin mining company Rhodium Encore's $55 million sale of the lease for its Temple, Texas, facility to data center company Temple Green Data LLC.

  3. November 08, 2024

    Crypto Miner, Landlord Seek Early Wins In Ch. 11 Dispute

    Bankrupt cryptocurrency mining company Rhodium Encore and landlord Whinstone US Inc. pushed respective bids for early wins Friday in Texas court as they prepare for trial over a contract assumption dispute.

  4. September 30, 2024

    Judge Sides With Crypto Miner In Landlord Discovery Tiff

    A Texas bankruptcy judge on Monday shot down a landlord's request for its expert to inspect live mining operations at a facility run by bankrupt Rhodium Encore LLC, saying historic performance data should provide enough information as the bitcoin miner and its landlord gear up for a fight over the property lease and connected agreement.

  5. September 23, 2024

    Bitcoin Miner Rhodium Gets Final OK For $30M Ch. 11 Loan

    A Texas bankruptcy judge on Monday gave final approval for bitcoin mining company Rhodium to access its $30 million debtor-in-possession financing package from a blockchain firm.

  6. August 30, 2024

    Bitcoin Miner Rhodium Gets Interim OK For $30M Ch. 11 Loan

    A Texas bankruptcy judge on Friday gave interim approval for bitcoin miner Rhodium to access $15 million of a $30 million debtor-in-possession financing package from blockchain company Galaxy Digital.

  7. August 27, 2024

    Meet The Attys Guiding Crypto Miner Rhodium Through Ch. 11

    Bitcoin mining group Rhodium Encore LLC has filed for Chapter 11 in Texas amid a lease dispute over a mining facility. Guiding Rhodium through its bankruptcy is a team of Quinn Emanuel Urquhart & Sullivan LLP attorneys who have represented clients in the crypto industry and beyond.

  8. August 26, 2024

    Texas Bitcoin Miner Hits Ch. 11 With More Than $50M In Debt

    Cryptocurrency miner Rhodium filed for Chapter 11 protection in a Texas bankruptcy court with more than $50 million in debt.