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Published on 2/3/2023 in the Prospect News Distressed Debt Daily.

Core Scientific’s official committee of unsecured creditors modified

By Sarah Lizee

Olympia, Wash., Feb. 3 – Core Scientific, Inc.’s official committee of unsecured creditors was modified, according to a notice filed Friday with the U.S. Bankruptcy Court for the Southern District of Texas.

Two new members joined the committee: MP2 Energy LLC, doing business as Shell Energy Solutions and based in The Woodlands, Tex., and Tenaska Power Services Co., based in Irving, Tex.

Dalton Utilities, based in Atlanta, and Sphere 3D Corp. based in Greenwich, Conn., remain on the committee.

BRF Finance Co., LLC, based in New York, resigned from the committee.

BRF is subsidiary of B. Riley Commercial Capital, LLC, which is the lender on Core Scientific’s proposed $70 million replacement new money debtor-in-possession facility.

Core Scientific is an Austin, Tex.-based bitcoin mining company. The company filed bankruptcy on Dec. 21 under Chapter 11 case number 22-90341.


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