{
John G. Koeltl

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jpmorgan faces lawsuit over american dream mall lender claims

JPMorgan Chase Bank will face claims in a lawsuit alleging it undermined junior lenders' repayment rights related to New Jersey's American Dream mall. A federal court ruled that the bank's 2021 debt extension deal, which removed collateral from junior lenders, constitutes a significant financial injury. Judge John Koeltl denied the bank's motion to dismiss the case.
@BLaw
United States Dollar JPMorgan Chase Bank, N.A. Autocallable Step Up Point to Point CD AAOIFXX USA John G. Koeltl
Finance & Economy, News Article
22:53 27.03.2025

ex Celsius executive sentencing postponed after Mashinsky plea deal with prosecutors

Roni Cohen-Pavon's sentencing has been postponed following Alex Mashinsky's plea deal with prosecutors, with a new date set for April 18, 2025. Cohen-Pavon, who pleaded guilty to multiple felony charges, may provide information relevant to Mashinsky's sentencing, where he faces up to 30 years in prison. Both were indicted for misleading Celsius users and profiting from price manipulation amid the platform's bankruptcy.
Cointelegraph
Celsius USD USA John G. Koeltl Alex Mashinsky Changpeng Zhao Sam Bankman-Fried Damian Williams Show more
Regulatory & Legal, News Article
17:37 10.12.2024
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