As reported in the Wall Street Journal and Law 360, on October 24, 2019, our hedge fund client Sylebra Capital filed breach of fiduciary duty and other claims against Ronald O. Perelman, Scientific Games, its Board of Directors and subsidiary Bally Gaming. As alleged, the claims relate to the defendants’…
Sanjiv Mehra, a co-founder and co-CEO of EOS Products, best known for its multi-colored, spherical lip balms, filed a lawsuit in Delaware Chancery Court, alleging that Mehra’s business partner, Jonathan Teller, is trying to strip him of his economic rights to the business, in breach of Teller’s fiduciary duties and contractual obligations….
Smith Villazor is pleased to announce that, together with Yorkville Advisors, we are giving $50,000 to Oliver Scholars, a truly worthwhile organization that prepares high-achieving Black and Latino students from underserved New York City communities for success at top independent schools and prestigious colleges. More on Oliver Scholars and this…
On Friday, May 18, 2018, U.S. District Judge George B. Daniels signed the parties’ stipulation of voluntary dismissal with prejudice of all claims against Yorkville Advisors, LLC, Mark Angelo, and Edward Schinik. In late March, Judge Daniels had “smack[ed] down SEC fraud claims” leaving “a tiny sliver of the original claims.”
Peers say: “He is really whip smart, just incredibly creative and incredibly effective. He is a really, really well-rounded defense lawyer.“
On Thursday, March 29, 2018, U.S. District Judge George B. Daniels dismissed the central claims of a U.S. Securities and Exchange Commission lawsuit against defendants Yorkville Advisors, LLC, founder and President Mark Angelo and Chief Financial Officer Edward Schinik. As explained in Reuters, the judge found “‘no material evidence of…
“Weys” to Suppress Electronic Data, The Federal Lawyer (Jan/Feb 2018)
On Monday, the U.S. Department of Justice charged Paul Mangione, a former subprime trader at Deutsche Bank, with civil fraud for conduct relating to $1.4B in securitized loans during the 2007-2009 financial crisis. The action is brought pursuant to the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA). In the…
