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

    11/30/2022

  • Asset

    Yes

  • Vol

    v

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



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
341 meeting:  10/13/2022
Deadline for filing claims:  01/10/2023

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
U.S. Federal Office Building
201 Varick Street, Room 1006
New York, NY 10014
(212) 510-0500

represented by
Shara Claire Cornell

DOJ-Ust
201 Varick Street
New York, NY 10014
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

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

David Turetsky

White & Case
1221 Avenue of the Americas
New York, NY 10020-1095
212-819-8200
Email: david.turetsky@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
11/30/20221514Certificate of Service Regarding Ad Hoc Group of Withhold Account Holders' Limited Objection to the Debtors' Motion for Entry of an Order (I) Extending the Debtors' Exclusive Periods to File a Chapter 11 Plan and Solicit Acceptances Thereof Pursuant to Section 1121 of the Bankruptcy Code and (II) Granting Related Relief (related document(s)1494) Filed by Deborah Kovsky-Apap on behalf of Ad Hoc Group of Withhold Account Holders. (Kovsky-Apap, Deborah) (Entered: 11/30/2022)
11/29/20221513Notice to Take Depositions / Official Committee of Unsecured Creditors' Notice of Cancellation of Deposition of Alan Carr in Connection with the Debtors' Motion for Entry of an Order (I) Extending the Debtors' Exclusive Periods to File a Chapter 11 Plan and Solicit Acceptances Thereof Pursuant to Section 1121 of the Bankruptcy Code and (II) Granting Related Relief (related document(s)1470) filed by Samuel P Hershey on behalf of The Official Committee of Unsecured Creditors. (Hershey, Samuel) (Entered: 11/29/2022)
11/29/20221512Motion to Approve a ruling that the stablecoins and assets in earned accounts are not property of the estate, that the assets and collateral on account are also not property of the estate, and that all of the digital assets held within his earn account be re-categorized and treated no differently than those assets held within his custody accounts under 11 USC § 541. filed by Michael Benzaken. (Suarez, Aurea) (Entered: 11/29/2022)
11/29/20221511Objection to Motion (related document(s)1325, 832) filed by Volkan Altunbay. (Suarez, Aurea) (Entered: 11/29/2022)
11/29/20221510Motion to Approve /Motion Seeking a Ruling From This Court That Stablecoins and Assets in Earn Currently Held by Celsius et. al. are not property of the estate, that Michael Benzakens Returned Collateral, Outstanding Collateral, as well as all Assets on his Celsius User Account, Are Not, Nor Have They Ever Been, Nor Ought They Ever Be Property of the Estate Under 11 USC § 541 filed by Marc Benzaken. (Suarez, Aurea) (Entered: 11/29/2022)
11/29/20221509Certificate of Service filed by Hollace T. Cohen on behalf of Vincent Theodore Goetten. (Cohen, Hollace) (Entered: 11/29/2022)
11/29/20221508Motion to Authorize /Motion for entry of an order to rule that ownership of ALL the coins she deposited into the Celsius Earn platform belong to her and not the Debtors, and that she retains all rights of title due to fraudulent misrepresentation, oral modification to the terms of service, the terms of service being ambiguous and not plain, and because Celsius was operating illegally by selling unregistered securities (related document(s)1325, 901, 1416, 136) filed by Rebecca Gallagher. (Suarez, Aurea) (Entered: 11/29/2022)
11/29/20221507Objection to Motion (related document(s)1325) filed by Josh Medley. (Suarez, Aurea) (Entered: 11/29/2022)
11/29/20221506Objection to Motion (related document(s)1325) filed by Jeremy Cohen Hoffing. (Suarez, Aurea) (Entered: 11/29/2022)
11/29/20221504Declaration / Declaration of Aaron Colodny in support of The Official Committee of Unsecured Creditors' Limited Objection with respect to the Debtors' Amended Motion for Entry of an Order (I) Establishing Ownership of Assets in the Debtors Earn Program, (II) Permitting the Sale of Stablecoin in the Ordinary Course and (III) Granting Related Relief (related document(s)1502) filed by Aaron Colodny on behalf of The Official Committee of Unsecured Creditors. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C # 4 Exhibit D # 5 Exhibit E) (Colodny, Aaron) (Entered: 11/29/2022)