firm news | speaking engagement
Bankruptcy Attorney Tara Pakrouh joins a fellow legal trailblazer for a live webinar titled, “Crypto Assets Under the Bankruptcy Code: Practical Guidance for Addressing Novel Problems” today at 1 PM EDT.
Hosted by Barbri/Strafford, this webinar will explore how bankruptcy and restructuring attorneys address the many complex legal theories and informational challenges inherent in guiding clients through digital currency exchange cases.
The conversation will focus on avoidance actions and the unique problems that occur when debtors are the holders of digital assets that need to be valued, preserved, and monetized, or when an opposing party is or becomes a debtor itself.
Numerous cryptocurrency exchanges or platforms have recently filed for Chapter 11 protection. Applying the Bankruptcy Code—which was created in 1978—to digital assets maintained on digital “exchanges” has raised myriad complicated legal issues and frustrating discovery challenges. Coinbase has published its own guide for bankruptcy trustees, and the U.S. Trustee has put out guidance on investigating the financial affairs of a debtor who has cryptocurrency.
There appears no reason to believe the industry will face significant regulation in the coming years, so hearing from luminaries who have fought to obtain records, identify property of the estate, apply the automatic stay, perfect security interests, and recover transferred assets will be invaluable for navigating this unprecedented area of law.
Tara's participation highlights our firm’s preeminence in working with debtors, creditors, committees, vendors, lenders, and other stakeholders to achieve global consensus on intricate cryptocurrency issues while providing cogent representation at every stage of the bankruptcy process.
To learn more about our capabilities in Cryptocurrency Bankruptcy, Blockchain Technologies & Claw-Back Litigation, contact Tara Pakrouh or Eric Monzo.
Listen as our panel discusses lessons from the bankruptcies of crypto exchanges, practical approaches to emerging problems, the key issues arising in the bankruptcies of debtors owning these assets, and what policy changes could mean for bankruptcy and reorganization professionals.
