Restructuring Report

July 20, 2026 - Celsius Network, QVC Group

July 20, 2026·7 min
Episode Description from the Publisher

This episode covers key developments in two major restructuring and bankruptcy cases: The Celsius Network bankruptcy produces a landmark ruling establishing the first judicial framework for valuing appreciating cryptocurrency in clawback actions. The court rejects a one-size-fits-all approach, instead adopting a fact-specific methodology that ties recoveries to whether digital assets were held, sold, or lost—creating an important precedent for thousands of pending avoidance actions and future...

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