Kirkland & Ellis charged crypto broker Voyager Digital Holdings Inc. $3 million in less than a month for work on the company’s closely-watched Chapter 11 bankruptcy case.
Kirkland, the world’s largest law firm by revenue, is representing Voyager and fellow crypto company Celsius Network LLC in separate bankruptcies. The cases raise important questions about how crypto assets are handled in corporate reorganizations.
Kirkland charged Voyager a retainer of $1 million on June 17 and requested $2 million more by July 1, according to a court document filed Wednesday. The company had used just more than $2 million of Kirkland’s legal ...
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