James

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The ongoing legal battle between Ripple Labs Inc. and the Securities and Exchange Commission (SEC) has entered a new phase with revised deadlines for remedies briefing.&nbsp;
James K. Filan, an attorney covering the legal battle, <a href="https://twitter.com/FilanLaw/status/1768094762425540670" rel="noopener noreferrer nofollow">took to X</a> to outline the updated schedule: the SEC’s opening brief is set for March 22, Ripple’s opposition brief is due by Apr. 22, and the SEC’s reply brief is expected by May 6.
In February, Ripple <a href="https://storage.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.937.0.pdf" rel="noopener noreferrer nofollow">sought</a> a one-week extension for remedies-related discovery, moving the deadline from Feb. 12 to Feb. 20. This request came after a dispute over the relevance of post-complaint discovery was resolved in the SEC's favor by Judge Sarah Netburn, leaving Ripple with a tight one-week window to produce a substantial volume of documents. The extension was granted.
On Feb. 7, Magistrate Judge Sarah Netburn granted a letter motion for an extension of time.&nbsp;
Following this, on February 27, 2024, the SEC, through Jorge G. Tenreiro, submitted a letter motion to Judge Analisa Torres requesting a further extension of time to file remedies-related briefing. &nbsp;
The regulator was <a href="https://www.courtlistener.com/docket/19857399/securities-and-exchange-commission-v-ripple-labs-inc/?page=6" rel="noopener noreferrer nofollow">seeking</a> a total one-week extension for the completion of such a briefing. This request aimed to accommodate the time needed to review recently produced documents and finalize remedies-related briefing, following the extension granted to Ripple for discovery.
The SEC's motion for an extension of time was granted in early March. &nbsp;&nbsp;

Ripple's Legal Fight with SEC Gears Up with New Deadlines

U_Today

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