United States Bankruptcy Court for the Eastern and Western Districts of Arkansas

Entwistle & Cappucci LLP Announces Settlement of Customer Property Dispute with the FTX Debtors

Retrieved on: 
Tuesday, October 17, 2023

Entwistle & Cappucci LLP today announced the settlement of that portion of its Customer Class Action that raised Customer property claims against FTX Trading Ltd. (d.b.a.

Key Points: 
  • Entwistle & Cappucci LLP today announced the settlement of that portion of its Customer Class Action that raised Customer property claims against FTX Trading Ltd. (d.b.a.
  • FTX.com), and its affiliated debtors (together, the “FTX Debtors”), as part of the proposed settlement of Customer property disputes in the pending FTX chapter 11 cases (the “Customer Shortfall Settlement”).
  • The Customer Shortfall Settlement resolves, among other things, Customer property litigation filed against the FTX Debtors by Entwistle & Cappucci LLP as part of a broader adversary Customer Class Action filed in the Bankruptcy Court against the Debtors and various individual defendants, including Sam Bankman-Fried and other insiders.
  • The Customer Shortfall Settlement resolves the dispute by providing Customers a claim against the FTX Debtors that, although unsecured, has an equitable priority to certain property segregated at or taken from the exchanges.

Sheppard Mullin Lands Healthcare Real Estate Team in Los Angeles

Retrieved on: 
Tuesday, March 8, 2022

Sheppard, Mullin, Richter & Hampton LLP is pleased to announce that a five-attorney team has joined the Healthcare Industry team and the Real Estate, Land Use & Environmental practice group.

Key Points: 
  • Sheppard, Mullin, Richter & Hampton LLP is pleased to announce that a five-attorney team has joined the Healthcare Industry team and the Real Estate, Land Use & Environmental practice group.
  • Reimers was most recently a partner at Polsinelli LLP where he helped open the Los Angeles office and served as the firms Healthcare Real Estate Practice Team Lead.
  • Their experience and practices surrounding healthcare-related real estate, public finance/infrastructure and traditional real estate finance are outstanding complements to our existing real estate and healthcare teams, said Jon Newby, Sheppard Mullins vice chairman.
  • Our healthcare clients have significant and complex real estate needs, said Eric Klein, Sheppard Mullins Healthcare Industry team leader.