Genesis Global Holdco, LLC
Case Number:
1:23-bk-10063
Court:
Nature of Suit:
Firms
- Arnold & Porter
- ASK LLP
- Aylstock Witkin
- Baird Holm
- Brown Rudnick
- Carrington Coleman
- Chartwell Law
- Cleary Gottlieb
- Crowell & Moring
- Davis Polk
- Farrell Fritz
- Fried Frank
- Holland & Knight
- Hueston Hennigan
- Hughes Hubbard
- Katten Muchin
- Kilpatrick Townsend
- Kim & Serritella
- Kirkland & Ellis
- Kleinberg Kaplan
- K&L Gates
- Kobre & Kim
- Latham & Watkins
- Leech Tishman
- Lowenstein Sandler
- Mayer Brown
- McDermott Will & Emery
- McElroy Deutsch
- Medina Law Firm LLC
- Morrison Cohen
- Norton Rose
- Orrick Herrington
- Paul Hastings
- Pillsbury Winthrop
- Polsinelli PC
- Proskauer Rose
- Pryor Cashman
- Robbins DiMonte
- Seward & Kissel
- Sidley Austin
- Sullivan & Cromwell
- Troutman
- Weil Gotshal
- Westerman Ball
- White & Case
- Windels Marx
- Womble Bond
Companies
- Alvarez & Marsal Holdings LLC
- Berkeley Research Group LLC
- CoinFlip
- Digital Currency Group Inc.
- Dundon Advisers LLC
- Foundry Digital
- Gemini Trust Co. LLC
- Grant Thornton LLP
- Grayscale Investments LLC
- Houlihan Lokey Inc.
- Moelis & Co.
Government Agencies
- Internal Revenue Service
- Texas Department of Banking
- Texas State Securities Board
- U.S. Securities and Exchange Commission
Sectors & Industries:
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May 27, 2025
23andMe Agrees To Sale, Rite Aid Pharmacy Deals Get OK
Regeneron Pharmaceuticals emerged as the winning bidder for 23andMe last week, agreeing to buy the genetics testing company out of bankruptcy for $256 million. Meanwhile, a judge approved Rite Aid's sale of pharmacy assets to CVS, Walgreens and others, and tensions flared during a hearing in Texas on disputes stemming from an undisclosed romance between a former Jackson Walker attorney and bankruptcy judge.
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May 20, 2025
Crypto Co. Genesis Sues Parent Co. Over $1.2B In Transfers
Genesis Global Capital, a crypto lender that filed for bankruptcy in 2023, is now suing its parent company in bankruptcy court, seeking to recover more than $1.2 billion that the lender says was transferred to insiders while the company was insolvent and headed for Chapter 11.
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May 15, 2025
Genesis Fights Jefferies Bid To Be Paid In Bitcoin Over USD
Failed cryptocurrency lender Genesis Global has asked a New York bankruptcy judge to throw out investment bank Jefferies' request for an order forcing the wind-down debtor to take back money it paid Jefferies and instead reimburse it in bitcoin, arguing it's too late for the bank to amend a claim that was filed "solely in dollars."
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August 12, 2024
Byju's Dodges Dismissal, Crypto Updates, SunPower Filing
The U.S.-based affiliate of Indian educational technology giant Byju's avoided the dismissal of its Chapter 11 case in Delaware, a subpoena for cellphone records from former bankruptcy judge David R. Jones was quashed, and a $2 billion bankruptcy from a residential solar technology company was filed. This is the week in bankruptcy
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August 06, 2024
Genesis Seals Deal To End $600M Dispute With DCG
Defunct cryptocurrency services company Genesis Global on Tuesday ended a $600 million dispute with its parent company Digital Currency Group while saying it hopes other litigation against DCG can add to the $3 billion in assets it returned to customers last week.
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June 25, 2024
Genesis Global Strikes $40M Deal With Unnamed Customer
Attorneys representing defunct cryptocurrency services company Genesis Global told a New York bankruptcy court Tuesday an anonymous customer agreed to pay it $40 million to resolve their dueling claims over a loan.
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June 03, 2024
WeWork Plan Approval, Crypto Update, Giuliani Creditor Fight
Office space provider WeWork's plan to wipe out $4 billion in debt and end its Chapter 11 case was approved, defunct crypto lending platform Genesis Global Holdco LLC expects to exit bankruptcy in July and the official committee of unsecured creditors in Rudy Giuliani's Chapter 11 has asked a New York bankruptcy judge to hand control of the Republican firebrand's estate to a trustee.
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May 30, 2024
Crypto Lender Genesis On Track To Exit Ch. 11 In July
Attorneys for Genesis Global Holdco LLC told a New York bankruptcy judge Thursday that the defunct crypto lending platform expects to exit bankruptcy in July and has laid groundwork to help it quickly kick off creditor distributions under its liquidation and wind down Chapter 11 plan.
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May 29, 2024
Gemini Returns $2.2B Of Crypto From Genesis Ch. 11
Crypto Exchange Gemini and bankrupt former crypto lender Genesis Global Holdco LLC returned $2.18 billion worth of digital assets Wednesday to 232,000 users of an interest-accruing lending program, Gemini Earn, that have been locked up since Genesis had filed for Chapter 11 protection in early 2023.
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May 20, 2024
Red Lobster Filing, Giuliani Deal, New Jersey's Rise As Venue
Seafood restaurant chain Red Lobster filed for bankruptcy in Florida with $294 million in funded debt after a failed "endless shrimp" promotion, Rudy Giuliani and two election workers who sued him for defamation said they were close to a deal to resolve a lawsuit filed in his bankruptcy case, and a top New Jersey judge disclosed the Garden State was the second-busiest bankruptcy venue over the past year.