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Friday, August 23, 2024

Money Startups Are Booming--but So Are Bankruptcies INC.




Startups Are Booming--but So Are Bankruptcies. See the 
article at Inc. https://www.inc.com/chris-morris/bankruptcies-vc-backed-startups-rising-data.html


Jim Shenwick, Esq  917 363 3391  jshenwick@gmail.com 

Please click the link to schedule a telephone call with me.

https://calendly.com/james-shenwick/15min

We help individuals & businesses with too much debt!

Wednesday, August 21, 2024

Celsius Preference Clawback settlement and Review by a Client 08-21-2024




Client Review below:

I contacted Jim seeking counsel as one of the 2000 defendants in the Celsius crypto bankruptcy clawback case. After a few short conversations with him, I quickly knew he was the right person for the job. Once the retainer was paid, Jim dropped everything and fully dedicated himself to my case. In just a matter of a few days, Jim had negotiated a very favorable settlement. I highly recommend Jim if you find yourself in a similar situation and are in need of representation"


My pleasure to help! Thanksfor the review. Jim

Monday, August 05, 2024

Celsius Bankruptcy Claw Back Adversary Proceedings in SDNY Bankruptcy Court Settlement Update





Celsius Bankruptcy Claw Back Adversary Proceedings in SDNY Bankruptcy Court Settlement Update

Jim Shenwick, Esq. is proud to announce that he just settled another Celsius Bankruptcy Claw Back Adversary Proceedings in the SDNY.

The client had been sued for over $700,000. Based on a review of Exhibit A to the Complaint, which listed the transactions to be clawed back, we discovered that Exhibit A overstated the transactions in the relevant 90-day period, the cryptocurrency valuation was incorrect, and the client had a "New Value" defense.

When all was settled, the client paid back a small percentage of the $700,000 sought.

Clients who are being sued for preference clawback's should contact Jim Shenwick, Esq


Jim Shenwick, Esq  917 363 3391  jshenwick@gmail.com 

Please click the link to schedule a telephone call with me.

https://calendly.com/james-shenwick/15min

We help individuals & businesses with too much debt!