CELSIUS NETWORK LLC Bankruptcy Filing
Case Number: 22-10964
CELSIUS NETWORK LLC filed a 11 chapter bankruptcy in the Southern District of New York bankruptcy court on July 13, 2022. This is a voluntary filing; it was assigned the bankruptcy case number #22-10964.
CELSIUS NETWORK LLC Filing Information
The bankruptcy petition for CELSIUS NETWORK LLC showed assets in the range of more than $1B with liabilities in the range of more than $1B. CELSIUS NETWORK LLC reports that the number of creditors is in the range of more than 100,000.
The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.
CELSIUS NETWORK LLC indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.
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CELSIUS NETWORK LLC Docket Header
Lead, CLMAGT, MEGANY, MEGA, FeeDueAP, PENAP, LV2APPEAL, APPEAL |
Southern District of New York (Manhattan)
Bankruptcy Petition #: 22-10964-mg
Assigned to: Judge Martin Glenn Chapter 11 Voluntary Asset |
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| Debtor Celsius Network LLC 121 River Street PH05 Hoboken, NJ 07030 HUDSON-NJ Tax ID / EIN: 87-1192148 |
rep. by |
Mitchell Hurley
Akin Gump Strauss Hauer & Feld LLP One Bryant Park New York, NY 10036 212-872-1000 Email: mhurley @ akingump.com Annemarie V. Reilly Latham & Watkins LLP 1271 Avenue of the Americas New York, NY 10020 212-906-1200 Email: annemarie.reilly @ lw.com Joshua Sussberg Kirkland & Ellis LLP 601 Lexington Avenue New York, NY 10022 (212) 446-4800 Fax : (212) 446-4900 Email: jsussberg @ kirkland.com |
| U.S. Trustee United States Trustee Office of the United States Trustee - NY Alexander Hamilton Custom House One Bowling Green, Room 534 New York, NY 10004-1408 (212) 510-0500 |
rep. by |
Mark Bruh
DOJ-Ust Southern District of New York Alexander Hamilton Custom House One Bowling Green, Room 534 New York, NY 10004-1408 212-510-0500 Email: mark.bruh @ usdoj.gov Shara Claire Cornell DOJ-Ust 1 Bowling Green New York, NY 10004-1408 212-510-0500 Email: shara.cornell @ usdoj.gov |
| Claims and Noticing Agent Stretto Claims Agent 8269 E. 23rd Avenue Suite 275 www.stretto.com Denver, CO 80238 (855) 812-6112 |
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| Consumer Privacy Ombudsman Consumer Privacy Ombudsman Livingston PLLC 1455 Pennsylvania Avenue N.W. The Willard Suite 400 Washington, DC 20004 US 7037981001 |
rep. by |
Lucy Thomson
1455 Pennsylvania Avenue, NW Suite 400 Washington, DC 20004 703-798-1001 Email: lucythomson_cpo @ earthlink.net |
| Creditor Committee The Official Committee of Unsecured Creditors |
rep. by |
Andrea Amulic
White & Case LLP 1221 Avenue of the Americas Ste 44-051 New York, NY 10036 212-819-7061 Email: andrea.amulic @ whitecase.com Michael Andolina White & Case LLP 111 S Wacker Dr Suite 5100 Chicago, IL 60606-5055 312-881-5400 Fax : 312-881-5450 Email: mandolina @ whitecase.com Aaron Colodny White & Case LLP 555 South Flower Street Suite 2700 Los Angeles, CA 90071 213-620-7700 Email: aaron.colodny @ whitecase.com Kimberly Anne Havlin White & Case LLP 1221 Avenue of the Americas New York, NY 10020 212-819-8200 Email: kim.havlin @ whitecase.com Samuel P Hershey White & Case LLP 1221 Avenue of the Americas New York, NY 10020 212-819-8200 Fax : 212-354-8113 Email: shershey @ whitecase.com Gregory F Pesce White & Case LLP 111 South Wacker Drive Suite 5100 Chicago, IL 60606-4302 312-881-5400 Email: gregory.pesce @ whitecase.com Jennifer Selendy Selendy Gay PLLC 1290 Avenue of the Americas Ste 17th Floor New York, NY 10104 212-390-9000 Fax : 212-390-9399 Email: jselendy @ selendygay.com David Turetsky White & Case 1221 Avenue of the Americas New York, NY 10020-1095 212-819-8200 Email: david.turetsky @ whitecase.com Joshua Weedman White & Case LLP 1221 Avenue of the Americas New York, NY 10020 212-819-8963 Email: jweedman @ whitecase.com Keith Wofford White & Case LLP 1221 Avenue of the Americas 10020 New York, NY 10036 212-819-8200 Email: kwofford @ whitecase.com |
| Creditor Committee Ad Hoc Committee of Corporate Creditors c/o Sarachek Law Firm 670 White Plains Road Fl. PH Scarsdale, NY 10583 |
rep. by | Zachary Evan Mazur
Sarachek Law Firm 670 White Plains Road Fl. PH Scarsdale, NY 10583 646-519-4396 Email: zachary @ saracheklawfirm.com |