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
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