Summary judgment to be fully briefed by end of November
Jeremy HoganAn American lawyer and partner at Hogan & Hogan, James K. Fillen’s prediction that Judge Torres could decide on expert motions and similar summary judgments, as he tweeted, “And there you have it. March 31, 2023.”
James K. Filan, while sharing updated scheduling of events in the Ripple lawsuit, stated that despite the slight shift in events, he continues to stick to his prediction that District Judge Torres would decide both the expert motions and the summary judgment motions simultaneously, on or before March 31, 2023.
Taken from now on, this means a possible resolution of the matter within the next four months, which is an overly optimistic prediction.
As reported by U.Today, Ripple CEO Brad Garlinghouse informed attendees at the DC Fintech Week conference that the SEC lawsuit against Ripple would be resolved in the first half of 2023. According to Garlinghouse, there is a chance that the lawsuit may be settled in the next three to four months. He does not, however, rule out the possibility that it could take longer.
Garlinghouse said that Ripple may be considering a settlement with the SEC, but he emphasized that XRP should be identified as a non-security first.
Summary judgment to be fully briefed by end of November
In September, the SEC and Ripple both filed motions for summary judgment, asking District Judge Analisa Torres to make a ruling based on the arguments filed in accompanying documents. Moving forward, both Ripple and the SEC have filed their opposition briefs to each other’s motion for summary judgment.
According to an earlier timeline of events in the case, a response to summary judgment proposals was expected by November 15, but has been moved to November 30, by which time all briefings are expected to be completed and Judge Torres’ final decision will be expected. .
