Rhodium Encore LLC
Case Number:
4:24-bk-90448
Court:
Nature of Suit:
Firms
- Chamberlain Hrdlicka
- Cokinos Young
- Foley & Lardner
- Gray Reed
- Jackson Walker LLP
- Kean Miller
- Kilpatrick Townsend
- McCreary Veselka
- McDermott Will & Emery
- Munsch Hardt
- Nuti Hart
- Olshan Frome
- Orrick Herrington
- Quinn Emanuel
- Streusand Landon
- Stris & Maher
Companies
Sectors & Industries:
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April 08, 2025
Rhodium Gets OK For $185M Settlement With Landlord
A Texas bankruptcy judge on Tuesday approved a $185 million asset sale to settle a dispute between Rhodium Encore and its remaining landlord that will allow the bankrupt cryptocurrency miner to wipe out its debt with enough left over to pay shareholders.
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February 18, 2025
Willkie DQ'd, Guo Clawbacks Continue
Franchise Group must find new bankruptcy counsel after a judge in Delaware found Willkie Farr & Gallagher LLP was conflicted in its case. The court-appointed trustee investigating Miles Guo's shell companies got another deadline extension to chase down estate funds. Spirit Airlines is awaiting confirmation of its reorganization plan. And bankrupt bitcoin miner Rhodium Encore has hit back at its landlord in court, alleging a campaign of sabotage.
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February 12, 2025
Rhodium Says Landlord Tried To 'Destroy' It In $300M Suit
Bankrupt Bitcoin mining company Rhodium Encore has filed a $300 million lawsuit in Texas bankruptcy court accusing competitor Riot Platforms and landlord and power provider Whinstone US Inc. of sabotaging its business and driving it into bankruptcy.
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December 02, 2024
Deal Struck In Discount Chain Plan, No Sanctions In J&J Case
Holders of notes issued by 99 Cents Only will take a $297 million haircut, Beasley Allen dodged discovery sanctions in Johnson & Johnson's latest spinoff bankruptcy and a Mexican industrial equipment leasing group sought U.S. recognition for its reorganization. This is the week in bankruptcy.
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November 26, 2024
Bitcoin Miner Rhodium To Get OK For $55M Ch. 11 Sale
A Texas bankruptcy judge on Tuesday agreed to approve bitcoin mining company Rhodium Encore's $55 million sale of the lease for its Temple, Texas, facility to data center company Temple Green Data LLC.
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November 08, 2024
Crypto Miner, Landlord Seek Early Wins In Ch. 11 Dispute
Bankrupt cryptocurrency mining company Rhodium Encore and landlord Whinstone US Inc. pushed respective bids for early wins Friday in Texas court as they prepare for trial over a contract assumption dispute.
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September 30, 2024
Judge Sides With Crypto Miner In Landlord Discovery Tiff
A Texas bankruptcy judge on Monday shot down a landlord's request for its expert to inspect live mining operations at a facility run by bankrupt Rhodium Encore LLC, saying historic performance data should provide enough information as the bitcoin miner and its landlord gear up for a fight over the property lease and connected agreement.
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September 23, 2024
Bitcoin Miner Rhodium Gets Final OK For $30M Ch. 11 Loan
A Texas bankruptcy judge on Monday gave final approval for bitcoin mining company Rhodium to access its $30 million debtor-in-possession financing package from a blockchain firm.
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August 30, 2024
Bitcoin Miner Rhodium Gets Interim OK For $30M Ch. 11 Loan
A Texas bankruptcy judge on Friday gave interim approval for bitcoin miner Rhodium to access $15 million of a $30 million debtor-in-possession financing package from blockchain company Galaxy Digital.
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August 27, 2024
Meet The Attys Guiding Crypto Miner Rhodium Through Ch. 11
Bitcoin mining group Rhodium Encore LLC has filed for Chapter 11 in Texas amid a lease dispute over a mining facility. Guiding Rhodium through its bankruptcy is a team of Quinn Emanuel Urquhart & Sullivan LLP attorneys who have represented clients in the crypto industry and beyond.