Bankrupt crypto lender Celsius Community has introduced it is going to be transferring ahead on its Chapter 11 restructuring plan with a disclosure assertion containing data for declare holders.
In a April 7 discover to customers, the Celsius debtors said they’ll file a disclosure assertion on April 12. A March 31 court docket submitting in United States Chapter Courtroom for the Southern District of New York said the assertion was aimed toward offering “ample data” for declare holders to vote on the proposed restructuring plan sponsored by NovaWulf.
Final week, we filed our Chapter 11 Plan of Reorganization (“the Plan”) with the help of the
Committee and the Plan Sponsor, NovaWulf. You will discover the Plan right here:https://t.co/RY95ncZSl8
— Celsius (@CelsiusNetwork) April 7, 2023
It is a growing story, and additional data shall be added because it turns into obtainable.