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In re: Celsius Network LLC
Publication Date: 2023-12-20
Practice Area: Bankruptcy
Industry:
Court: U.S. Bankruptcy Court, U.S. - SDNY
Judge: Bankruptcy Judge Martin Glenn
Attorneys:
For plaintiff: Attorneys for the Debtors and Debtors in Possession by: Joshua A. Sussberg, Esq., Kirkland & Ellis LLP, New York, New York. By: Patrick J. Nash Jr., Esq., Ross M. Kwasteniet, Esq., Christopher S. Koenig, Esq., Dan Latona, Esq., Chicago, Illinois. Attorneys for the Official Committee of Unsecured Creditors by: David M. Turetsky, Esq., Samuel P. Hersey, Esq., Joshua D. Weedman, Esq., White & Case LLP, New York, NY. By: Michael C. Andolina, Esq., Gregory F. Pesce, Esq., Gabriela Z. Hensley, Esq., Chicago, Illinois. By: Aaron Colodny, Esq., Los Angeles, CA.
For defendant: By: Shara Cornell, Esq., Mark Bruh, Esq., Office of the United States Trustee, New York, NY. By: Therese A. Scheuer, Esq., Securities and Exchange Commission, Washington, DC. By: William M. Uptegrove, Esq., Alan Maza, Esq., Atlanta, GA. Attorneys for Ignat Tuganov by: Jeffrey S. Sabin, Esq., Venable LLP, New York, New York. By: Andrew Currie, Esq., Washington, DC. Attorneys for the Ad Hoc Borrowers Group by: David Adler, Esq., McArter & English, LLP, Worldwide Plaza, New York, NY. Attorneys for the Ad Hoc Group of Earn Account Holders by: Jason A. Nagi, Esq., Offit Kurman, P.A., New York, NY. By: Joyce A. Kuhns, Esq., Timonium, Maryland. Attorneys for the Ad Hoc Group of Withhold Account Holders by: Deborah Kovsky Apap, Esq., Troutman Pepper Hamilton Sanders LLP, Southfield, MI. Attorneys for the Pending Withdrawal Ad Hoc Group by: Adrienne Woods, Esq., Omid Zareh, Esq., Weinberg Zareh Malkin Price LLP, New York, New York. Pro Se Creditor Daniel Frishberg Pro se Creditor Immanuel Herrmann Pro se Creditor Richard Phillips Pro se Creditor Otis Davis Pro se Creditor Dimitry Kirsanov Pro se Creditor Artur Abreu Pro se Creditor Johan Bronge Pro se Creditor David Schneider Pro se Creditor Cathy Lau
Case number: 22-10961

25-Cent Value Within Range of Utility Token's Speculative Value at Bankruptcy Filing

December 19, 2023 | Legaltech News

Embracing Innovation: 7 Major Law Firm Tech Developments in 2023

From a host of law firm-created generative AI chatbots to new innovative client offerings and the launch of another law firm legal tech subsidiary, this year showed that law firms are confidently embracing their place in the legal technology market.
1 minute read
December 19, 2023 | The American Lawyer

Turnover in Big Law Leadership Manifests as 'Great Growth Race' Kicks Into High Gear

At least 30 large law firms have announced some kind of leadership transition within the last year or so. "It's been an exciting but challenging and exhausting few years," noted one Am Law 100 leader.
5 minute read
December 15, 2023 | The Legal Intelligencer

People in the News—Dec. 15, 2023—Williams, Hamburg Rubin

Robert J. Salzer, a partner at Williams Family Law, is set to continue a firm legacy as a featured speaker at the Pennsylvania Bar Institute's "Family Law Practice in Bucks, Chester, Delaware & Montgomery Counties 2023."
3 minute read
December 13, 2023 | Daily Report Online

'Not A Lot of Deal Work': Law Firms Add More Litigators Compared With Corporate Laterals

Southeast law firms are being cautious amid continued economic uncertainty, adding more lawyers in counter-cyclical practice areas than those in transactional.
5 minute read
December 12, 2023 | The Legal Intelligencer

Eying Phila. for Growth, 3 Am Law Firms Pick Their Own Paths to Make a Mark in Established Market

Barnes & Thornburg landed a small group from Faegre Drinker. Goodwin Procter lifted a larger group from Troutman Pepper. And Clark Hill rolled up two small firms via mergers in 2023.
7 minute read
December 08, 2023 | The Legal Intelligencer

Federal Judge Upholds $8.5M Verdict in COVID-19 Test Manufacturing, Breach-of-Contract Suit

A federal judge in Pennsylvania has upheld an $8.5 million jury verdict in a breach-of-contract suit over the manufacturing of COVID-19 tests after determining that a new trial wasn't warranted.
7 minute read
December 07, 2023 | New Jersey Law Journal

3rd Circuit Finds Rule 1(d) Permits Plaintiff to Return to Court After AAA Declines to Arbitrate

"MicroBilt's arbitration provision, including the AAA rules that it incorporates, does not condition [the plaintiff's] return to court on the AAA's decision being correct, or even reasonable. That is the deal the parties struck," the court ruled.
5 minute read
December 07, 2023 | The Legal Intelligencer

Transactional Turbulence Made 2022 a Mixed Bag for Pennsylvania Firms

Dips in transactional work translated into a mixed-bag of financial results for Pennsylvania's Am Law 200 firms in 2022, as they returned to reality after 2021's glut of hiring, transactional work, and revenue increases.
7 minute read
Am. GreenFuels Rockwood (Tennessee) LLC v. Aik Chuan Constr. Pte.Ltd.
Publication Date: 2023-11-29
Practice Area: Contractual Disputes | Creditors' and Debtors' Rights
Industry:
Court: U.S. District Court for the Southern District of New York, U.S. - SDNY
Judge: District Judge Denise L. Cote
Attorneys:
For plaintiff: For Plaintiff and Counterclaim Defendants: John N. Thomas, Jenna Christine Hutchinson, Troutman Pepper Hamilton Sanders LLP, New York, NY. Leslie A. Davis, Jenna Noelle Tyrpak, Margaret Burnside, Troutman Pepper Hamilton Sanders LLP, Washington, DC. Sheila Zifu Chen, Troutman Pepper Hamilton Sanders LLP, Irvine, CA.
For defendant: For Defendant and Counterclaim Plaintiff: John F. Hagan, Jr., Mark J. Samartino, Cameron Davis, Arnold & Porter Kay Scholer LLP, Chicago, IL. Melissa A. Brown, Arnold & Porter Kay Scholer LLP, New York, NY.
Case number: 21 CV 7680

Construction Firm Is Liable on $28 Million Debt; Subordination Agreement Was Breached

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