Treatment of Blockchain Tokens in U.S. Bankruptcy Proceedings

McDermott Will & Schulte, a global law firm

ARTICLE

Treatment of Blockchain Tokens in U.S. Bankruptcy Proceedings

December 3, 2018

Read time: 2 min

Overview

Darren Azman, Alexandra Scheibe and David Taub authored this bylined article considering how tokens will be treated in a hypothetical U.S. bankruptcy case. “There is no doubt that bankruptcy courts will soon be tasked with adjudicating these issues and will rely to a significant degree not only on the terms that govern the relevant token issuance, but also on the evolving regulatory framework,” they wrote.

Authors

Darren Azman

Partner

New York – One Vanderbilt Avenue

David L. Taub

Partner

New York – One Vanderbilt Avenue