Celsius Debtors Obtain Approval to Solicit votes on Disclosure Statement for Joint Plan of Reorganization
Stephen Rutenberg, Shareholder in the firm's Miami and New York offices, and Michael DiPietro, Associate in the firm's Wilmington office, discuss the reorganization of Celsius Network LLC and its affiliated debtors (the "Debtors"), the United States Bankruptcy Court for the Southern District of New York approval of the adequacy of the Debtors’ fourth amended disclosure statement and the solicitation and voting procedures for their joint plan of reorganization in the latest Celsius update.