Two events to impact the crypto space as Jeremy Hogan predicts key times ahead
According to the lawyer Jeremy HoganThe introduction of opening motions in the Ripple Summary ruling and the upcoming decision in the LBRY case are two events that may continue to affect the crypto space for years to come. Introductory petitions for summary judgment have now been filed as indicated by defense counsel James K. Phelan.
This is a huge week in crypto law.
Ripple’s summary judgment summaries will be presented today (although we won’t see them until Monday) and a decision in the LBRY case is expected this week.
These two things will affect the entire space for years to come.
– Jeremy Hogan (@ attorneyjeremy1) September 13, 2022
As reported by U.Today, Hogan took to Twitter earlier to highlight one key thing he hopes to see in his summary judgment summaries – “how far Ripple compares XRP to ETH.” CryptoLaw founder John Deaton also noted that the SEC’s unfavorable ruling in the LBRY case could facilitate settlement in the Ripple case.
What the public will see on September 19
Jeremy Hogan is also excited about the September 19 date, as indicated by the parties’ joint scheduling proposal on closing issues related to upcoming summary ruling proposals approved by District Judge Torres.
Hogan believes that this will be the “end game”, in which the audience will be able to see (most of) the cards that the parties hold.
With expectations high before this date, James K. Phelan Share what the public might see on Monday, September 19.
He stated in a series of tweets that only revised versions of the summaries would be seen on September 19. Actual announcements, exhibitions, and Rule 56.1 statements will be kept private and will only be released after a decision has been made in the Omnibus Brief regarding the seal. .
The actual documents will not be announced yet, as the notes will be lengthy. However, references and citations to declarations, documents, and Rule 56.1 data will be provided in the abstracts.
In another update of the lawsuit, the Digital Chamber of Commerce has submitted a request for permission to file the Amicus Brief. As reported by U.Today, the world’s leading trade association, the Chamber of Digital Commerce, is now suing Ripple.