Crypto Chapter 11 Proceedings: Overview | Practical Law

Crypto Chapter 11 Proceedings: Overview | Practical Law

A Practice Note providing an overview of issues that may arise in crypto-related Chapter 11 proceedings, including how cryptocurrency and digital asset exchanges and yield-earning platforms generally function, and how customers may be treated in the bankruptcy of a crypto platform. This Note also discusses whether a crypto platform is eligible to be a debtor in bankruptcy, whether customer digital assets are property of the bankruptcy estate, and Chapter 11 plan confirmation considerations, among other issues.

Crypto Chapter 11 Proceedings: Overview

Practical Law Practice Note Overview w-036-1709 (Approx. 23 pages)

Crypto Chapter 11 Proceedings: Overview

by Practical Law Bankruptcy & Restructuring with Darren Azman and Gregg Steinman, McDermott Will & Emery LLP
MaintainedUSA (National/Federal)
A Practice Note providing an overview of issues that may arise in crypto-related Chapter 11 proceedings, including how cryptocurrency and digital asset exchanges and yield-earning platforms generally function, and how customers may be treated in the bankruptcy of a crypto platform. This Note also discusses whether a crypto platform is eligible to be a debtor in bankruptcy, whether customer digital assets are property of the bankruptcy estate, and Chapter 11 plan confirmation considerations, among other issues.