Judge Analisa Torres has rejected the SEC’s motion for an interlocutory appeal in the SEC v. Ripple lawsuit. Additionally, a new trial date has been set for the case. The court order, signed by Judge Analisa Torres, dismisses the SEC’s request for an interlocutory appeal and provides specific reasons for the dismissal.
The new trial dates and schedule are as follows:
– December 4, 2023: The parties must submit any motions in limine by this date, with opposing written responses due by December 18, 2023. All necessary pretrial paperwork, including proposed joint pretrial orders and other documents, must also be filed by this date.
– April 16, 2024: A final pretrial meeting will take place on this date, where all parties’ solicitors must attend. Counsel for both parties and the parties themselves are required to meet in person for at least one hour to explore settlement options before the final pretrial conference.
– April 23, 2024: The trial is scheduled to begin on this date in Courtroom 15D of the United States Courthouse.
Brad Garlinghouse, CEO of Ripple Labs, has been bolstering his legal team in preparation for the trial. He recently hired attorney Rahul Mukhi from Cleary Gottlieb Steen & Hamilton LLP to join his legal team. Mukhi brings valuable jury trial experience from her time as an Assistant Attorney in the Southern District of New York.
Hot Take:
The SEC’s motion for an interlocutory appeal has been rejected by Judge Analisa Torres in the SEC v. Ripple lawsuit. This means that the case will proceed to trial on the scheduled dates. Ripple CEO Brad Garlinghouse has been strengthening his legal team with the addition of attorney Rahul Mukhi, who brings valuable jury trial experience to the table. With the trial approaching, all eyes will be on the courtroom as Ripple and the SEC face off in a highly anticipated legal battle that could have significant implications for the cryptocurrency industry.
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