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Celsius brings in new lawyers who are ‘more receptive’ to plans to avoid bankruptcy
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Celsius has replaced its legal advisers after clashing with them over how to navigate the financial turmoil brought on by the recent crypto crash.
The embattled crypto lender hired new counsel from Kirkland & Ellis to advise on a possible restructuring after tensions emerged with former lawyers Akin Gump Strauss Hauer & Feld, according to a person familiar with the matter.
Celsius...
Read more on fnlondon.comAbout this in other media
Crypto lender Celsius Network reveals $1.19 bln hole in bankruptcy filing economictimes.indiatimes.com /2 years ago
Crypto Lender Celsius's Clients Face Long Wait Over Fate Of Their Money ndtv.com /2 years ago
$1.19B Deficit Hole Listed on Balance Sheet: Celsius Network blockchain.news /2 years ago
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