Lawyers for Celsius investors file motion to have interests represented in court
Cointelegraph
Published Sep 23, 2022 12:30PM ET
Updated Sep 23, 2022 02:00PM ET
An international law firm representing groups of Celsius investors has filed a motion to appoint a committee to represent their interests in the crypto lending firm’s bankruptcy case.
In a Thursday filing with the U.S. Bankruptcy Court in the Southern District of New York, lawyers with the law firm Milbank requested the appointment of an "Official Preferred Equity Committee" to represent certain Celsius shareholders. According to the filing, the equity holders “urgently require their own fiduciary” for representation in court alongside Celsius debtors and an Unsecured Creditors Committee, or UCC.
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Written By: Cointelegraph
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