Don't want ads? Subscribe or login now.

Celsius Says Ch. 11 Auction Producing Competitive Bids

By Vince Sullivan · May 17, 2023, 6:32 PM EDT

Attorneys for bankrupt cryptocurrency lending platform Celsius Network said Wednesday that its Chapter 11 asset auction remains ongoing as three qualified bidders continue to compete for the acquisition of the company's...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Case Information

Case Title

Celsius Network LLC

Case Number

1:22-bk-10964

Court

New York Southern

Nature of Suit

Date Filed

July 13, 2022

Recent Articles By Vince

March 19, 2024
McDonald's Franchisee's Ch. 11 Plan Approved With Deal
January 11, 2024
Instant Brands Cleared For New Ch. 11 Exec Bonus Metrics
January 02, 2024
Instant Brands To Tweak Bonuses After Failed Ch. 11 Sale
October 27, 2023
PGX Ch. 11 Plan To Be Heard Before WARN Act Suit Trial
August 22, 2023
Puerto Rico Gov. Wants 1st Circ. To Rehear Labor Law Dispute
August 07, 2023
Trucking Firm Yellow Corp. Hits Ch. 11 With $1.5B In Debt
July 28, 2023
Virgin Orbit Ch. 11 Plan Approved With Trustee Fee Change
June 23, 2023
McMahon Can't Tap Out In Clawback Suit With Ex-XFL Exec
April 14, 2023
US Trustee Objects To $2.8M In Celsius Ch. 11 Exec Bonuses
March 09, 2023
FTX Floats $4M Ch. 11 Bonuses That Freeze Out SBF, Insiders