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
- Selendy Gay
- Sequor Law
- 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 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.
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May 20, 2024
Genesis, Curo Get Ch. 11 Plans OK'd At Different Speeds
Two major Chapter 11 cases won confirmation last week on very different timelines, with crypto lender Genesis Global Holdco LLC finally on an exit path after more than a year and consumer lender Curo Group Holdings Corp. gaining court approval less than two months after it filed for bankruptcy.
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April 22, 2024
Subchapter V Report, Express Hits Ch. 11, NY Diocese Fallout
The American Bankruptcy Institute held its annual spring meeting last week, where a task force on Subchapter V presented its report and recommendations on small-business bankruptcy filings, and clothing retailer Express Inc. landed in Chapter 11 with more than $1 billion in debt.
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April 16, 2024
Genesis To Return $2B Of Crypto Under Gemini Settlement
Bankrupt crypto lender Genesis will return 97% of digital assets from a customer program with crypto platform Gemini by early May after a New York bankruptcy judge on Tuesday approved a settlement that attorneys for Genesis said closes out bitter disputes and sets it up to repay other creditors under a Chapter 11 plan.
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April 05, 2024
Genesis Used GBTC Share Proceeds To Buy 32,041 Bitcoin
Cryptocurrency lender Genesis Global Holdco said it had fully monetized its Grayscale Bitcoin Trust shares and used the proceeds to purchase 32,041 bitcoin that will be distributed to its customers.
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March 18, 2024
Genesis Gets OK For $21M Deal To End SEC Crypto Loan Suit
A New York federal judge on Monday approved a $21 million settlement to resolve allegations that bankrupt crypto lender Genesis Global Capital LLC violated the U.S. Securities and Exchange Commission's regulations by selling unregistered securities in a joint partnership with crypto exchange Gemini Trust Co.
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March 18, 2024
Genesis Defends Crypto Payments At Ch. 11 Plan Hearing
Cryptocurrency lender Genesis Global Holdco Monday told a New York bankruptcy judge its proposal to distribute cryptocurrency to its customers is both fair and legal as the hearing on its Chapter 11 liquidation plan wound down.
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March 13, 2024
Genesis, Gemini Can't Ax SEC Suit Over Crypto Loan Program
A New York federal judge refused Wednesday to toss the U.S. Securities and Exchange Commission's allegations that crypto exchange Gemini Trust Co. and bankrupt crypto lender Genesis Global Capital LLC violated securities laws by running the now-defunct investment program Gemini Earn that sold alleged unregistered securities.
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February 26, 2024
Genesis Creditors, Owners Allege Cash Grab At Plan Hearing
Customers and the equity owners of cryptocurrency lender Genesis on Monday accused each other of trying to rob them of assets they deserve, as the debtor began a confirmation hearing for its Chapter 11 plan in New York bankruptcy court.