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2023 May

Brown Rudnick Advises Fahrenheit in Connection With Winning Bid to Sponsor Chapter 11 Plan for Crypto Lender Celsius

In a significant development in the Chapter 11 case of Celsius Network, Brown Rudnick advised crypto consortium Fahrenheit in connection with its successful bid to sponsor a Chapter 11 plan of reorganization for the insolvent crypto lender. The plan provides for the creation of a “NewCo” that will be vested with Celsius assets previously valued […]

The post Brown Rudnick Advises Fahrenheit in Connection With Winning Bid to Sponsor Chapter 11 Plan for Crypto Lender Celsius appeared first on Legal Desire Media and Insights.