Administrative expense bids in Celsius reorganization yield mixed results | Secondary Sources | Westlaw

Administrative expense bids in Celsius reorganization yield mixed results | Secondary Sources | Westlaw

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Administrative expense bids in Celsius reorganization yield mixed results

2024 BKRDBRF 0097By Douglas MentesWESTLAW Bankruptcy Daily Briefing (Approx. 3 pages)

Administrative expense bids in Celsius reorganization yield mixed results

2024 BKRDBRF 0097By Douglas MentesWESTLAW Bankruptcy Daily Briefing (Approx. 3 pages)

Administrative expense bids in Celsius reorganization yield mixed results

(March 8, 2024) - A New York bankruptcy judge has approved administrative expense requests from three ad hoc account holder groups in cryptocurrency lender Celsius Network LLC's bankruptcy, but rejected that of a fourth group, saying it had disrupted...

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Article: Celsius gets OK to return crypto to institutional clients 2023 BKRDBRF 0052
Date: February 1, 2023
Celsius Network LLC may return to its institutional borrowers the cryptocurrency assets serving as collateral for their loans once the loans are repaid, a New York bankruptcy judge has ruled, overruling objections from the crypto lender's 23,000...
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