Bankruptcy Law News and Insights

Voting In The Celsius Bankruptcy Case

Published: Sep 12, 2023
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As we have been discussing in prior updates, the bankruptcy case of Celsius Network LLC is reaching an important milestone as most creditors now have the ability to vote on the Plan of Reorganization proposed by the Debtors (the "Plan"). Assuming that the Plan is approved, which we are expecting...

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Do I Really Have To Pay Default Rate Interest In Order To Reinstate My Loan?

Published: Sep 01, 2023
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In a scholarly, comprehensive and lengthy opinion written by one of the Southern District of New York's most recently appointed Bankruptcy Judges, the issue of whether the reinstatement of defaulted and accelerated debt requires the payment of default-rate interest and fees was answered in the affirmative, undoubtedly to the delight...

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Does WeWork’s Going Concern Warning Signal A Potential Bankruptcy Filing?

Published: Aug 18, 2023
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Three years have passed since the COVID-19 pandemic reached the United States and its effects are still being felt today. Even though lockdown measures have largely disappeared and many workers have returned to the office, flexible work has become a fixture in the workplace. The shift to remote and more...

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