Celsius Receives Extension to File Chapter 11 Restructuring Plan

Celsius, a bankrupt cryptocurrency lender, was granted permission by the court to expand its evaluation period, or the time during which it retains the sole right to file a Chapter 11 restructuring plan until February 15. This afternoon, the Court approved an extension to our Exclusivity Periods until 2/15/2023. This is the period within which Celsius has the exclusive right to submit a chapter 11 plan of reorganization. We thank the UCC and ad hoc groups for their collaboration on this matter. — Celsius (@CelsiusNetwork) December 6, 2022 Celsius Receives Extension for Restructuring Plan For the benefit of the clients The post Celsius Receives Extension to File Chapter 11 Restructuring Plan appeared first on Cryptoknowmics-Crypto News and Media Platform .