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Osios LLC v. Tiptree, Inc.
Publication Date: 2024-06-25
Practice Area: Corporate Governance
Industry: Cargo and Shipping | Insurance | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Cook
Attorneys:
For plaintiff: Andrew H. Sauder Dailey, LLP, Wilmington, DE for plaintiff.
For defendant: Rebecca L. Butcher, Jennifer L. Cree, Howard W. Robertson IV, Landis Rath & Cobb LLP, Wilmington, DE for defendant.
Case number: 2023-0589-NAC

Failure to follow written notice requirements to exercise investment option was waived where defendants acted to delay or obstruct plaintiff's efforts to exercise the option despite multiple oral notices of intent to exercise.

December 04, 2023 | Delaware Law Weekly

Landis Rath Elects 2 New Del. Partners

Landis Rath & Cobb announced that Jennifer L. Cree and Matthew R. Pierce have been elected to the firm's partnership, effective Jan. 1, 2024.
2 minute read
October 24, 2023 | Delaware Business Court Insider

Bankruptcy Judge Allows FTX to Bundle Objections to Claims

Judge John T. Dorsey approved the FTX debtors' motion to deviate from rules typically used in bankruptcy proceedings.
4 minute read
September 11, 2023 | Delaware Law Weekly

Landis Rath Del. Associate Selected as ABA Fellow

Jennifer L. Cree, an associate at Landis Rath & Cobb, has been selected for the American Bar Association's business law fellows program class for 2023-2025.
2 minute read
August 01, 2023 | Delaware Law Weekly

Landis Rath Donates $20K as Part of Its 20th Anniversary

As part of its 20th anniversary celebration, Landis Rath & Cobb is donating $20,000 to a variety of organizations selected by the law firm's attorneys and staff.
1 minute read
July 21, 2023 | Delaware Business Court Insider

In Bid to Recoup Alleged Fraudulent Transfers, FTX Sues Bankman-Fried and Ex-Executives

The adversary proceeding in Delaware bankruptcy court accused the founder and others of "abus[ing] their control over the FTX Group to commit one of the largest financial frauds in history."
3 minute read
July 21, 2023 | New York Law Journal

FTX Sues Bankman-Fried and Ex-Executives in Bid to Recoup Alleged Fraudulent Transfers

The adversary proceeding in Delaware bankruptcy court accused the founder and others of "abus[ing] their control over the FTX Group to commit one of the largest financial frauds in history."
3 minute read
In re FTX Trading Ltd.
Publication Date: 2023-06-13
Practice Area: Bankruptcy
Industry: Financial Services and Banking | E-Commerce | Federal Government
Court: U.S. District Court of Delaware
Judge: District Judge Connolly
Attorneys:
For plaintiff: Ramona D. Elliot, P. Matthew Sutko, Frederick Gaston Hall, Sumi K. Sakata, Department of Justice, Executive Office for United States Trustees, Washington, DC; Andrew R. Vara, Joseph J. McMahon, Jr., Benjamin A. Hackman, Juliet M. Sarkessian, Department of Justice, Office of the United States Trustee, Wilmington, DE for appellant.
For defendant: Adam G. Landis, Kimberly A. Brown, Matthew R. Pierce, Landis Rath & Cobb LLP, Wilmington, DE; Andrew G. Dietderich, James L. Bromley, Brian D. Glueckstein, Alexa J. Kranzley, Sullivan & Cromwell LLP, New York, NY for appellees.
Case number: 22-11068 (JTD)

District court was required to certify appeal of bankruptcy court order directly to the court of appeals where the order involved a purely question of law for which there was no controlling decision from the circuit court or Supreme Court.

May 30, 2023 | Delaware Law Weekly

Dispute Over Examiner in FTX Bankruptcy Sent Directly to Third Circuit for Resolution

It's a clash between the FTX companies, which secured a favorable ruling in February when U.S. Bankruptcy Court Judge John T. Dorsey ruled from the bench that the case doesn't require multiple investigations, and the U.S. Trustee's Office, which has consistently said the matter needs an investigator further removed from FTX.
3 minute read
April 10, 2023 | Delaware Law Weekly

CEO Says FTX's Mismanaged Billions Stemmed From 'Hubris, Incompetence and Greed'

The report enumerates FTX's internal shortcomings identified in the past five months, from sloppy accounting to leaving hundreds of millions of dollars in easily accessible storage.
5 minute read

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