Hearing Considering Disclosure of Celsius Joint Restructuring Plan Scheduled for Aug. 10

According to a tweet from the Celsius Unsecured Creditors' official committee, the debtor has submitted a disclosure statement for the Chapter 11 joint restructuring plan, and a hearing to consider the disclosure statement is scheduled for August 10, PANews reported on July 10. At the hearing, the Court will determine whether the disclosure statement provides creditors with enough information to deliberately vote on the plan. The court will also determine whether the debtor will request a vote on the plan and schedule a confirmation hearing. Borrowers are seeking a confirmation hearing scheduled for September 29. On July 17, the Borrower, the Creditors Committee, the Ad Hoc Borrowers Group and some of the Earnings creditors will agree before Judge Wiles on the relative treatment of the planned Earnings and Creditors. debt. The committee hopes that the parties will be able to come to an agreement on how the value of the property will be fairly distributed among the creditors. Finally, the borrowers, the committee, and the Fahrenheit consortium plan to hold a Twitter Space on July 19 to discuss the plan. #HotTopicDiscussion# #ContentStar# #GateioLive# #GateioTurns10# #NewsMessenger# #Gateio10周年# #比特币#