Posts in Doug Hirsch
Sadis Defeats Motions to Dismiss Key Claims in Premium Point Lawsuit

An attorney for SkyBridge, Samuel Lieberman (Partner), argued U.S. Bank had accepted a heightened duty in its role as fund administrator to independently verify that a strict valuation policy was being adhered to at Premium Point. U.S. Bank agreed to these terms in order to reap fees from SkyBridge, which would become Premium Point’s largest investor with a $365 million stake.

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Sadis & Goldberg Formalizes Practice Group for Clients Navigating the Cannabis Industry

Over the last thirty-six months, Sadis & Goldberg has assembled a cross-practice Cannabis Practice Group to provide greater legal insight to businesses operating in this rapidly growing and dynamic industry where state, federal and international regulations remain in transition.

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Cannabis Federal Legislative Update

The friction inherent in the divide between state and federal treatment of cannabis has been a major impediment to the growth and evolutionary development of the industry on a national integrated scale. Access to banking and financial markets, in particular, has been an issue for many businesses in the cannabis industry, as a result of the reluctance of many institutions in the banking sector to provide banking services to cannabis-related businesses and service providers.

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Sadis & Goldberg LLP Expands Financial Services Litigation Practice

Sadis & Goldberg has expanded its litigation team with the addition of Counsel James Ancone. Mr. Ancone’s practice focuses on financial services litigation.  In particular, he has extensive experience advising clients, including liquidators, officers, and directors, involved in cross-border disputes.  He recently represented the officers and directors of a Cayman Islands reinsurance company in the Davis v. Scottish Re Grp. Ltd. shareholder action in the New York State Commercial Division. 

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