Matthew Sellers

Matthew Sellers
Displaying 108 results
New York court affirms $1.6 billion judgment over Baha Mar resort collapse
REGULATION AND LEGISLATION APR 15, 2025
New York court affirms $1.6 billion judgment over Baha Mar resort collapse

The Appellate Division of New York’s Supreme Court has upheld a $1.64 billion ruling against China Construction entities in a high-stakes case over the failed Baha Mar resort development in the Bahamas.

Delaware court allows disclosure claim in Focus Financial buyout lawsuit to proceed
REGULATION AND LEGISLATION APR 15, 2025
Delaware court allows disclosure claim in Focus Financial buyout lawsuit to proceed

Delaware’s Chancery Court dismissed controller and fiduciary claims in a suit over Focus Financial’s sale but kept alive a disclosure issue tied to a rival bidder.

Ohio court enforces arbitration in family trust dispute over venture investments
REGULATION AND LEGISLATION APR 15, 2025
Ohio court enforces arbitration in family trust dispute over venture investments

An Ohio appellate court has upheld a trial court’s decision to enforce arbitration clauses in a complex family trust dispute over access to venture investments, reinforcing the binding power of partnership agreements.

New York court backs broker in $795K commission dispute with Helmsley Spear
REGULATION AND LEGISLATION APR 15, 2025
New York court backs broker in $795K commission dispute with Helmsley Spear

A New York appeals court upheld a $795,480.96 judgment for broker Scott Bloom in a dispute over unpaid commissions, rejecting Helmsley Spear’s procedural and contractual defenses.

Delaware court orders limited document release in investor suit over AI feeder fund
REGULATION AND LEGISLATION APR 15, 2025
Delaware court orders limited document release in investor suit over AI feeder fund

A Delaware Chancery Court decision granted a limited books and records inspection to an investor in a private AI investment fund, emphasizing the importance of documentation for closely held entities.

Illinois court rules dormant judgments can be revived after 14 years
REGULATION AND LEGISLATION APR 15, 2025
Illinois court rules dormant judgments can be revived after 14 years

An Illinois appeals court has ruled that creditors can revive dormant money judgments up to 20 years after entry - regardless of whether earlier revival attempts were made.

SEC faces expanded FOIA lawsuit over delays in Tesla, FTX, Bridgewater records
REGULATION AND LEGISLATION APR 15, 2025
SEC faces expanded FOIA lawsuit over delays in Tesla, FTX, Bridgewater records

A federal judge has allowed Aaron Greenspan to expand his FOIA lawsuit against the SEC, adding multiple claims related to records requests involving Tesla, Bridgewater, Meta, and FTX. A separate civil rights claim was denied.

Investor’s $225 million arbitration against JPMorgan faces court challenge over FDIC claims
REGULATION AND LEGISLATION APR 15, 2025
Investor’s $225 million arbitration against JPMorgan faces court challenge over FDIC claims

A federal court has questioned its jurisdiction over a $225 million FINRA arbitration dispute, citing unresolved liability issues and a missed FDIC claims deadline after First Republic’s failure.

Judge dismisses investor suit against Barclays over unregistered VXX securities
REGULATION AND LEGISLATION APR 15, 2025
Judge dismisses investor suit against Barclays over unregistered VXX securities

Federal court stops action over unregistered securities claim.

SEC retreats on crypto: Dismissals signal strategic shift in enforcement
ALTERNATIVES MAR 31, 2025
SEC retreats on crypto: Dismissals signal strategic shift in enforcement

Regulator folds on three more cases.