By: Michael L. Moskowitz, Esq. and Melissa A. Guseynov, Esq. In a recent decision of interest, the Bankruptcy Court for the Eastern District of Michigan held that a non-compete clause within a franchise agreement as well as...
By: Michael L. Moskowitz, Esq. and Melissa A. Guseynov, Esq. Bankruptcy Judge Andrew B. Altenburg Jr., sitting in the United States Bankruptcy Court for the District of New Jersey, recently held that as a result of...
Understanding Celsius Network Adversary Proceedings: An Insight into the Complexities of Bankruptcy Claims
Aug 06, 2024
By: Michael L. Moskowitz, Esq., Moish E. Peltz, Esq., and Richard E. Weltman, Esq. The Celsius Network bankruptcy case is a landmark event in the cryptocurrency world, not just because of the scale of financial failure but...
By: Michael L. Moskowitz, Esq. and Melissa A. Guseynov, Esq. We have written in the past about exceptions to the general rule regarding a debtor’s ability to discharge debt in bankruptcy and achieve a “fresh start.” In...
By: Michael L. Moskowitz, Esq. and Melissa A. Guseynov, Esq. On January 1, 2024, a new bill amending and expanding New York Civil Practice Law and Rules (CPLR) Section 2106 will take effect, allowing the filing of...
By: Michael L. Moskowitz, Esq. and Melissa A. Guseynov, Esq. Previously we reported on the Celsius Network (“Celsius”) chapter 11 bankruptcy case and the auction sale of its assets. More than one year ago, Celsius and its...
Johnson & Johnson’s Second Attempt at a Texas Two-Step Bankruptcy Case is Rejected by the Bankruptcy Court
Aug 04, 2023
By: Michael L. Moskowitz, Esq. and Melissa A. Guseynov, Esq. We previously reported on the Third Circuit’s decision to dismiss the New Jersey bankruptcy case filed by a Johnson & Johnson (“J&J”) subsidiary, LTL...
By Michael L. Moskowitz, Esq. & Melissa A. Guseynov, Esq. We have previously reported on the Celsius Network (“Celsius”) chapter 11 bankruptcy case and the recent auction for the sale of its assets. Celsius and...
CRYPTO-BANKRUPTCY UPDATE: Voyager Chapter 11 Liquidation Plan Approved After Binance.US Backs Out of Proposed Sale
May 22, 2023
By: Michael L. Moskowitz, Esq. and Melissa A. Guseynov, Esq. Over the course of the last ten months, we have reported on the tumultuous chapter 11 journey of Voyager Digital Holdings Inc. (“Voyager”). As recently...
By: Michael L. Moskowitz, Esq. and Melissa A. Guseynov, Esq. We recently reported on the Bankruptcy Court’s decision to approve a chapter 11 plan providing that Voyager Digital Holdings Inc. (“Voyager”) could sell its...