In a recent decision, causation proved to be a determinative factor in the viability of multiple claims subject to the same force majeure clause. District judge rules that broad.
Jeremy Hogan, Parnter at
CryptoLaw has shared American Fintech Ripple’s response to the
US Securities and Exchange Commission’s (SEC) letter which is disputing (essentially) “parts of the Court Order” from earlier in April 2021 that are “related to internal communications.”
CryptoLaw posted Ripple s response to SEC s letter disputing (essentially) parts of the Court Order from earlier this month related to internal communications. It is CLEAR that the SEC has failed in good faith to comply with at least a part of the Order. If I was Judge…(cont d) https://t.co/IJFjgEles0
According to Hogan, it’s quite clear that the SEC has “failed in good faith to comply with at least a part of the Order.” Hogan also noted that if he was the Judge in this matter, then the SEC attorney would “leave the hearing on this with red ears if not sanctions of some sort.”
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