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Virtual Citadel, Inc., In re--Bay Point Cap. Partners II LP v. Thomas Switch Holding, LLC

Virtual Citadel, Inc., In re--Bay Point Cap. Partners II LP v. Thomas Switch Holding, LLC

Ruling
Bankruptcy court did not clearly err in classifying special purpose property that had the highest and best use as a bitcoin mine. (11th Cir.)
Issue(s)
Determination of Secured Status; Bifurcation of Claim; Valuation of Creditor’s Interest.

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Judge or Jurisdiction information not available
Commercial opinion summary, case decided on August 26, 2024 , LexisNexis #1124-007