Menu
Our practice focus
Our industry focus
Other industries
Legal Insights that help shape strategy and drive compliance.
Restructuring GlobalView
On July 18, 2025, President Trump signed into law the Guiding and Establishing National Innovation for U.S. Stablecoins Act, otherwise known as the GENIUS Act. The purpose of the GENIUS Act is to establish a comprehensive regulatory framework for stablecoins in the United States. However, the GENIUS Act also makes several important changes to the...... Continue Reading
August 2025 | Blog
The bankruptcy court presiding over the FTX Trading bankruptcy last month issued a memorandum opinion addressing valuation of cryptocurrency-based claims and how to “calculate a reasonable discount to be applied to the Petition Date market price” for certain cryptocurrency tokens. As noted in Bankruptcy Judge John Dorsey’s opinion, “[n]o bankruptcy court has ever estimated the...… Continue Reading
July 2024 | Blog
Who owns cryptocurrency held by a cryptocurrency exchange? Do the cryptocurrency assets belong to the customers who deposited the crypto with the exchange, or do the cryptocurrency assets belong to the exchange itself? The answer to this question will have huge significance, both in terms of creditor recoveries as well as preferential transfer liability exposure. ...… Continue Reading
November 2023 | Blog
In this second part of our blog exploring the various issues courts need to address in applying the Bankruptcy Code to cryptocurrency, we expand upon our roadmap. In part one, we addressed whether cryptocurrency constitutes property of the estate, the impacts of cryptocurrency’s fluctuating valuation, issues of perfection, and the effects of cryptocurrency on debtor-in-possession...… Continue Reading
October 2023 | Blog
Many authorities and commentators have considered cryptocurrencies, and the blockchains that undergird them, as a potentially disruptive force in the financial industry. Now, that disruption has made its way to a different side of finance—bankruptcy, and during the past year, the United States bankruptcy courts have had to confront many unexpected challenges involved in dealing...… Continue Reading
How close is too close? The answer to this question can have dire implications for people and companies involved in the cannabis industry who wish to seek bankruptcy protection. Last month, a United States District Court issued an opinion which, while it did not directly answer this question, rejected a “zero tolerance” cannabis policy and...… Continue Reading
August 2023 | Blog
Are bankruptcy doors now opening for cannabis companies? A decision last week from a California bankruptcy court indicates perhaps so, at least for cannabis companies that are no longer operating. Factual Background The Hacienda Company, LLC (the “Debtor”) was in the business of wholesale manufacturing and packaging cannabis products. After it ceased operations in February...… Continue Reading
January 2023 | Blog
Last November we wrote about the Fifth Circuit Court of Appeals’ decision in Highland Capital Management, L.P., where the court reversed the bankruptcy court’s approval of a plan’s exculpation clause for non-debtors and limited the universe of parties covered by that provision. Relying on Bank of New York Trust Co., NA v. Official Unsecured Creditors’...… Continue Reading
Whose crytpo is it? With the multiple cryptocurrency companies that have recently filed for bankruptcy (FTX, Voyager Digital, BlockFi), and more likely on the way, that simple sounding question is taking on huge significance. Last week, the Bankruptcy Court for the Southern District of New York (Chief Judge Martin Glenn) attempted to answer that question...… Continue Reading
Publication
January 2023 | Americas
Query:{"PerPage":12,"Page":1,"Keyword":null,"FilterGroups":[{"FilterType":2,"FilterValues":["547c6ac280e14a23a411f13849bf44f2 "],"HideFilter":false}],"DocumentTypes":["insightsItemText","blogPost"],"SortField":{"FieldName":"itemDateSortDesc","SortType":5},"SortDescending":true,"FutureItems":null,"Exclude":null,"Fields":["nodeName","titleOverride","excerpt","pageDescription","searchKeywords","nameSynonyms","lastNameNormalized"],"ParentPageId":null,"ParentPageIds":null,"OverrideHideFromSearch":false};
{ Category: content, LuceneQuery: +(__NodeTypeAlias:insightsitemtext __NodeTypeAlias:blogpost) -(+hideFromSearch:"1") +(relatedPeople:547c6ac280e14a23a411f13849bf44f2) }
Insights at the Intersection of Law and AI.
Comprehensive regulatory framework for investment security and national interests.
Helping organizations align purpose with performance through practical ESG insights and solutions.
Explore our sector-specific legal blogs, where we regularly share insights and updates on the latest legal developments.
Subscribe to our legal insights directly to your inbox.
