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Crypto industry bankruptcy brings law firms around $751 million

As of August of this year, law firms handling seven Chapter 11 cryptocurrency bankruptcies since 2022 have requested and received fees totaling $751 million. Among some of the largest bankruptcy cases in the crypto industry, law firms earning the most fees include Sullivan & Cromwell, Kirkland & Ellis, White & Case, and Cleary Gottlieb. The four firms received $484 million for handling cryptocurrency bankruptcies. This accounted for 64...

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2024-08-30 11:22:27
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