Case number: 1:22-bk-10964 - Celsius Network LLC - New York Southern Bankruptcy Court

Case Information
  • Case title

    Celsius Network LLC

  • Court

    New York Southern (nysbke)

  • Chapter

    11

  • Judge

    Martin Glenn

  • Filed

    07/13/2022

  • Last Filing

    04/24/2024

  • Asset

    Yes

  • Vol

    v

Docket Header
Lead, CLMAGT, MEGANY, MEGA, FeeDueAP, PENAP, LV2APPEAL



U.S. Bankruptcy Court
Southern District of New York (Manhattan)
Bankruptcy Petition #: 22-10964-mg

Assigned to: Judge Martin Glenn
Chapter 11
Voluntary
Asset


Date filed:  07/13/2022
Plan confirmed:  11/09/2023
341 meeting:  01/26/2023
Deadline for filing claims:  02/09/2023

Debtor

Celsius Network LLC

121 River Street
PH05
Hoboken, NJ 07030
HUDSON-NJ
Tax ID / EIN: 87-1192148

represented by
Mitchell Hurley

Akin Gump Strauss Hauer & Feld LLP
One Bryant Park
New York, NY 10036
212-872-1000
Email: mhurley@akingump.com

Annemarie V. Reilly

Latham & Watkins LLP
1271 Avenue of the Americas
New York, NY 10020
212-906-1200
Email: annemarie.reilly@lw.com

Joshua Sussberg

Kirkland & Ellis LLP
601 Lexington Avenue
New York, NY 10022
(212) 446-4800
Fax : (212) 446-4900
Email: jsussberg@kirkland.com

U.S. Trustee

United States Trustee

Office of the United States Trustee - NY
Alexander Hamilton Custom House
One Bowling Green, Room 534
New York, NY 10004-1408
(212) 510-0500

represented by
Mark Bruh

DOJ-Ust
Southern District of New York
Alexander Hamilton Custom House
One Bowling Green, Room 534
New York, NY 10004-1408
212-510-0500
Email: mark.bruh@usdoj.gov

Shara Claire Cornell

DOJ-Ust
1 Bowling Green
New York, NY 10004-1408
212-510-0500
Email: shara.cornell@usdoj.gov

Claims and Noticing Agent

Stretto Claims Agent

8269 E. 23rd Avenue
Suite 275
www.stretto.com
Denver, CO 80238
(855) 812-6112

 
 
Consumer Privacy Ombudsman

Consumer Privacy Ombudsman

Livingston PLLC
1455 Pennsylvania Avenue N.W.
The Willard Suite 400
Washington, DC 20004
US
7037981001

represented by
Lucy Thomson

1455 Pennsylvania Avenue, NW
Suite 400
Washington, DC 20004
703-798-1001
Email: lucythomson_cpo@earthlink.net

Creditor Committee

The Official Committee of Unsecured Creditors
represented by
Andrea Amulic

White & Case LLP
1221 Avenue of the Americas
Ste 44-051
New York, NY 10036
212-819-7061
Email: andrea.amulic@whitecase.com

Michael Andolina

White & Case LLP
111 S Wacker Dr Suite 5100
Chicago, IL 60606-5055
312-881-5400
Fax : 312-881-5450
Email: mandolina@whitecase.com

Aaron Colodny

White & Case LLP
555 South Flower Street
Suite 2700
Los Angeles, CA 90071
213-620-7700
Email: aaron.colodny@whitecase.com

Kimberly Anne Havlin

White & Case LLP
1221 Avenue of the Americas
New York, NY 10020
212-819-8200
Email: kim.havlin@whitecase.com

Samuel P Hershey

White & Case LLP
1221 Avenue of the Americas
New York, NY 10020
212-819-8200
Fax : 212-354-8113
Email: shershey@whitecase.com

Gregory F Pesce

White & Case LLP
111 South Wacker Drive
Suite 5100
Chicago, IL 60606-4302
312-881-5400
Email: gregory.pesce@whitecase.com

Jennifer Selendy

Selendy Gay PLLC
1290 Avenue of the Americas
Ste 17th Floor
New York, NY 10104
212-390-9000
Fax : 212-390-9399
Email: jselendy@selendygay.com

David Turetsky

White & Case
1221 Avenue of the Americas
New York, NY 10020-1095
212-819-8200
Email: david.turetsky@whitecase.com

Joshua Weedman

White & Case LLP
1221 Avenue of the Americas
New York, NY 10020
212-819-8963
Email: jweedman@whitecase.com

Keith Wofford

White & Case LLP
1221 Avenue of the Americas
10020
New York, NY 10036
212-819-8200
Email: kwofford@whitecase.com

Latest Dockets

Date Filed#Docket Text
04/24/20244831Order of U.S. District Court Judge Lewis J. Liman signed on 4/23/2024 Accordingly, the appeal is dismissed, and the Clerk of Court is respectfully directed to close this case. SO ORDERED. (vfr) (Entered: 04/24/2024)
04/23/20244830Letter to The Honorable Martin Glenn, dated 4/23/2024 Re:- Claim Distribution issues Stretto response unsatisfactory despite all necessary information provided. Filed by Hans Peter Stadelmann. (Suarez, Aurea) (Entered: 04/23/2024)
04/23/20244829Application for Final Professional Compensation for Fischer & Co., Special Counsel, period: 12/7/2022 to 2/28/2023, fee:$121,847, expenses: $8,970.(related document(s)2779) filed by Joshua Sussberg. (Sussberg, Joshua) (Entered: 04/23/2024)
04/23/20244828Chapter 11 Post-Confirmation Report for the Quarter Ending: 3/31/2024 Filed by Joshua Sussberg on behalf of Celsius Network LLC. (Sussberg, Joshua) (Entered: 04/23/2024)
04/22/20244827Order of U.S. District Court Judge Colleen McMahon signed on 4/22/2024. The Bankruptcy Court's order is vacated. For the reasons discussed above, this court directs that the parties shall immediately submit the disputes pleaded in the Adversary Proceeding Complaint to arbitration in accordance with the AAA Rules for Commercial Arbitration. Any challenge to the arbitrability of any claim asserted in that pleading is reserved for the arbitrator. The Adversary Proceeding is stayed in the Bankruptcy Court pending arbitration. This constitutes the decision and order of this court on appeal. The Clerk of Court is directed to remove this appeal from the court's list of open items. (Fuschillo, Yadira) (Entered: 04/23/2024)
04/22/20244826Affidavit of Service re: Notice of Post-effective Date Debtors Motion Seeking Entry of an Order (I) Approving Procedures for the Distribution of Deceased Account Holder Assets to Their Respective Authorized Representatives, (II) Authorizing Such Distributions, and (III) Granting Related Relief (Docket No. 4815) (related document(s)4815) filed by Stretto, Inc.(Klamser, Robert) (Entered: 04/22/2024)
04/22/20244825Motion to Allow/Motion For Leave to File a Late Adversary Proceeding against Celsius Network LLC (Celsius) and its affiliates filed by Jason Voelker. (Suarez, Aurea) (Entered: 04/22/2024)
04/22/20244822Statement / Notice of Change of Address for Kirkland & Ellis LLP and Kirkland & Ellis International LLP filed by Joshua Sussberg on behalf of Celsius Network LLC. (Sussberg, Joshua) (Entered: 04/22/2024)
04/20/20244824Letter to The Honorable Martin Glenn, dated 4/20/2024 Re: Request for Judicial Intervention Regarding Non-Responsive Claims Agent. Despite repeated attempts to resolve a distribution issue with the appointed claims and noticing agent, Stretto, I have been unable to receive a satisfactory response or resolution. Filed by Lenora Burgess. (Suarez, Aurea) (Entered: 04/22/2024)
04/20/20244823Letter to The Honorable Martin Glenn Re: Persistent problem with creating Coinbase account in Thailand and request additional crypto exchanges be added into the claims distribution process to speed up claims outside the U.S. Filed by Boonkit Jirapongtanavec. (Suarez, Aurea) (Entered: 04/22/2024)