Celsius Network LLC
Case Number:
1:22-bk-10964
Court:
Nature of Suit:
Firms
- Venable LLP
- Pryor Cashman
- Quarles & Brady
- Godfrey & Kahn
- Law Offices of T. Scott Leo
- Brown Rudnick
- Parker Pohl
- Bressler Amery
- Fortis LLP
- Penachio Malara
- Katten Muchin
- Yankwitt LLP
- Paul Hastings
- Sarachek Law Firm
- Blank Rome
- ASK LLP
- Kudman Trachten
- Dickinson Wright
- Pierson Ferdinand LLP
- Hogan Lovells
- Sills Cummis
- Fox Rothschild
- Alan L Frank Law
- Cleary Gottlieb
- Kramer Levin
- King & Spalding
- Miles & Stockbridge
- ArentFox Schiff LLP
- Falcon Rappaport
- Wiggin & Dana
- ArentFox Schiff
- Holland & Knight
- Kirkland & Ellis
- Lowenstein Sandler
- Coan Payton
- Saul Ewing
- Norgaard O'Boyle
- Womble Bond
- Dentons
- Selendy Gay
- Weir Greenblatt
- Goldstein & McClintock
- Davis Wright Tremaine
- Baker & Hostetler
- Maurice Wutscher
- Freedman Normand
- Davis & Gilbert
- Brown & Connery
- Wadsworth Garber
- Offit Kurman
- Kleinberg Kaplan
- Kaufman Dolowich
- Tycko & Zavareei
- Rottenberg Lipman
- Togut Segal
- Ruskin Moscou
- Levin-Epstein & Associates
- Jones Day
- Hunton Andrews
- Orrick Herrington
- Quinn Emanuel
- McCarter & English
- Weinberg Zareh
- Raines Feldman
- Bernstein Burkley
- Weil Gotshal
- Lathrop GPM
- McDermott Will & Emery
- Bailey Cavalieri
- Rosenberg & Estis
- Duane Morris
- Troutman
- Ervin Cohen
- Akin Gump
- Sullivan & Cromwell
- Shipman & Goodwin
- McElroy Deutsch
- Polsinelli PC
- Bond Schoeneck
- Hill Farrer
- Jenner & Block
- Frejka PLLC
- Latham & Watkins
- Milbank LLP
- White & Case
- Willkie Farr
Companies
- Stout Risius Ross LLC
- Centerview Partners Holdings LP
- Ernst & Young LLP
- Core Scientific Inc.
- Coinbase Global Inc.
- Great American Insurance Co.
- RSM US LLP
- Ripple Labs Inc.
- Stretto Inc.
- Alvarez & Marsal Holdings LLC
- SAP AG
- Galaxy Digital
- Willis Towers Watson PLC
- Perella Weinberg Partners LP
- Otis Worldwide Corp.
- Oracle Corp.
Government Agencies
- Texas Department of Banking
- U.S. Securities and Exchange Commission
- Illinois Secretary of State
- Texas State Securities Board
- Federal Trade Commission
- State of Michigan
Sectors & Industries:
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August 05, 2022
Texas Regulators Call Celsius' Plans For Its Crypto Too Risky
Texas securities regulators asked a New York bankruptcy judge to reject cryptocurrency platform Celsius Network's request for permission to monetize the bitcoin it mines, saying Friday that Celsius should not get "carte blanche" to dispose of its cryptocurrency as it sees fit.
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July 21, 2022
Crypto Dominos Keep Falling, J&J Wants Talc Injunction
Another cryptocurrency player succumbs to marketwide distress, Johnson & Johnson's bankrupt talc unit seeks a pause of talc suits brought by state attorneys general and a $21 million settlement in the liquidation of defunct law firm LeClairRyan is drawing appeals from the bankruptcy watchdog. This is the week in bankruptcy.
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July 18, 2022
Celsius Says Ch. 11 Is Focused On Reorganization Plans
Attorneys for bankrupt cryptocurrency platform Celsius Network LLC sought to allay the concerns of its customers during an initial court appearance Monday in New York, saying the debtor intended to reorganize its business and that customers wouldn't be forced to take regular fiat currency as a recovery on their claims.
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July 14, 2022
Celsius CEO Blames Ch. 11 On Crypto Crash, 'Poor Decisions'
Cryptocurrency platform Celsius Network is seeking Chapter 11 protection with a shortfall of nearly $1.2 billion thanks to the cryptocurrency market downturn and "poor asset deployment decisions," the company's CEO told a New York bankruptcy court Thursday.
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July 14, 2022
Ch. 11 Cheat Sheet: Celsius Network LLC
Cryptocurrency lending platform Celsius Network LLC became the latest industry player to fall into bankruptcy Thursday, suffering from the marketwide downturn known as "crypto winter" that has led to massive drops in value and unsustainable customer demands for asset withdrawals.