Mike Richardson


Mike Richardson joined Milgrom & Daskam as a Partner in May 2022.  His practice focuses on litigation and bankruptcy matters.  He has represented parties on either side of real estate disputes, breach of contract actions, oil and gas disputes, fraudulent transfer claims, and breach of fiduciary duty claims.  Mike has also represented debtors, chapter 7 bankruptcy trustees, and other matters involving financially distressed parties reorganizing under chapter 11 of the U.S. Bankruptcy Code.

Before joining Milgrom & Daskam, Mike was an Associate at Davis Graham & Stubbs LLP, and also at Ballard Spahr LLP, where his practice focused on complex commercial litigation and bankruptcy matters.  Prior to entering private practice, Mike served as law clerk to the Honorable Christopher Z. Zenisek, District Court Judge, 1st Judicial District.  During his clerkship, Mike assisted Judge Zenisek and his staff in managing a mixed docket of civil, criminal, and domestic relations matters.  Mike received his J.D. in 2015 from the University of Colorado Law School, and he graduated from Colorado College in 2009 with a major in Economics.

Outside of the office, Mike can be found raising his dogs Meia and Cooper.  As a Colorado native, he enjoys skiing, hiking, biking, cooking, and gardening.  Mike is proficient in conversational Portuguese (Brazilian).




Real Estate Disputes



Depositing Cryptocurrency Assets: A Cautionary Tale on Clickwrap Agreements

Earlier this year, a bankruptcy court in the Southern District of New York issued a startling ruling in the bankruptcy case of In re Celsius Network LLC, et al., Case No. 22-10964 (MG). The dispute involved cryptocurrency owners who deposited their assets (such as stablecoins, non-fungible tokens (NFTs), central bank currencies, and security tokens) into Celsius’s “Earn Accounts” that allowed Celsius to use those funds to generate yields across various “on-chain” and “off-chain” investment strategies. At the time Celsius filed bankruptcy, there were more than 600,000 Earn Account holders affected. Their assets totaled approximately $4.2 billion.

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Business & Corporate Law

The Small Business Reorganization Act and Its Prolonged Adoption Through June of 2024

Chapter 11 bankruptcy code generally provides businesses with avenues and protections to reorganize and restructure obligations. This form of bankruptcy is very often more favorable than chapter 7 bankruptcy because it allows business owners to stay in the driver’s seat while attempting to negotiate a plan that complies with the bankruptcy code. In contrast, filing a chapter 7 petition results in full relinquishment of control of the business and the appointment of a third-party trustee whose primary obligation to is to liquidate estate assets for the benefit of unsecured creditors.

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