IN RE CELSIUS NETWORK LLC

Case No. 22-10964 (MG).

In re: CELSIUS NETWORK LLC, et al., Debtors.

United States Bankruptcy Court, S.D. New York.

November 9, 2023.


Attorney(s) appearing for the Case

By: Joshua A. Sussberg, Esq. , KIRKLAND & ELLIS LLP, New York, New York.

By: Patrick J. Nash Jr., Esq. , Ross M. Kwasteniet, Esq. , Christopher S. Koenig, Esq. , Dan Latona, Esq. , Chicago, Illinois, Attorneys for the Debtors and Debtors in Possession

By: David M. Turetsky, Esq. , Samuel P. Hersey, Esq. , Joshua D. Weedman, Esq. , WHITE & CASE LLP, New York, NY.

By: Michael C. Andolina, Esq. , Gregory F. Pesce, Esq. , Gabriela Z. Hensley, Esq. , Chicago, Illinois.

By: Aaron Colodny, Esq. , Los Angeles, CA.

By: Shara Cornell, Esq. , Mark Bruh, Esq. , OFFICE OF THE UNITED STATES TRUSTEE, New York, NY.

By: Therese A. Scheuer, Esq. , SECURITIES AND EXCHANGE COMMISSION, Washington, DC.

By: William M. Uptegrove, Esq. Alan Maza, Esq. Atlanta, GA. Attorneys for the Official Committee of Unsecured Creditors.

By: Jeffrey S. Sabin, Esq. , VENABLE LLP, New York, New York.

By: Andrew Currie, Esq. , NW Washington, DC. Attorneys for Ignat Tuganov

By: David Adler, Esq. , McARTER & ENGLISH, LLP, Worldwide Plaza New York, NY, Attorneys for the Ad Hoc Borrowers Group

By: Joyce A. Kuhns, Esq. , OFFIT KURMAN, P.A., New York, NY.

By: Jason A. Nagi, Esq. , Timonium, Maryland, Attorneys for the Ad Hoc Group of Earn Account Holders

By: Deborah Kovsky Apap, Esq. , TROUTMAN PEPPER HAMILTON SANDERS LLP, Southfield, MI, Attorneys for the Ad Hoc Group of Withhold Account Holders

By: Adrienne Woods, Esq. , Omid Zareh, Esq. , WEINBERG ZAREH MALKIN PRICE LLP, New York, New York.

Pro Se Creditor Daniel Frishberg

Pro se Creditor Immanuel Herrmann

Pro se Creditor Richard Phillips

Pro se Creditor Otis Davis

Pro se Creditor Dimitry Kirsanov

Pro se Creditor Artur Abreu

Pro se Creditor Johan Bronge

Pro se Creditor David Schneider

Pro se Creditor Cathy Lau Attorneys for the Pending Withdrawal Ad Hoc Group


MEMORANDUM OPINION APPROVING THE CEL TOKEN SETTLEMENT AND RESOLVING ISSUE OF COLLATERAL OWNERSHIP IN THE MODIFIED JOINT CHAPTER 11 PLAN OF CELSIUS NETWORK AND ITS DEBTOR AFFILIATES

The Court has entered the Findings of Fact, Conclusions of Law, and Order Confirming the Modified...

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