- 11 U.S.C.
Celsius Network LLC, In re
Nov
09
2023
Ruling
Settlement valuing a cryptocurrency token satisfied the best interests test for confirmation of aplan of reorganization as the token had only speculative value on the petition date, which wasnot ascertainable from the market price. (Bankr. S.D.N.Y.)
Issue(s)
Confirmation of Plan; Requirements; Impaired Classes; Acceptance or Receipt of
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Court
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