On Monday, April 21, 2025, the SEC declined to file an amended complaint against CSV’s client Richard Heart, cementing a complete victory for Mr. Heart in the SEC’s case against him and several cryptocurrency projects. In a February ruling, U.S. District Judge Carol Bagley Amon dismissed all the SEC’s claims…
On March 27, 2025, the New York Appellate Division, First Department, unanimously ruled in favor of Clark Smith Villazor clients Knighthead Capital Management, Certares Opportunities, and investment funds they manage (“Plaintiffs”) on their challenge to a Supreme Court decision granting private-equity firm Fortress Investment Group LLC’s motion to quash a subpoena…
On March 3, 2025, Plaintiff United Atlantic Ventures, LLC (“UAV”) filed its opposition to a motion to stay on the basis of temporary presidential immunity (the “Motion”) filed by President Donald J. Trump and joined by the other Defendants in the lawsuit captioned United Atlantic Ventures, LLC v. TMTG Sub…
Primula Management, LLC (“Primula”) filed a lawsuit today in the United States District Court for the Southern District of New York alleging that Primrose School Franchising Company LLC and Primrose School Franchising SPE, LLC (collectively, “Primrose”) misappropriated Primula’s proprietary confidential trade secrets. Primrose operates a network of over 500 franchised…
In a rare ruling dismissing all claims brought by the SEC, United States District Judge Carol Bagley Amon ordered the dismissal of the SEC’s complaint naming Richard Heart and several of his cryptocurrency projects, HEX, PulseChain and PulseX. The Court found the SEC’s allegations purportedly establishing personal jurisdiction insufficient, and…
Clark Smith Villazor LLP and Schwartz | Breslin PLLC are proud to announce that today in the United States District Court for the Southern District of Florida, they filed a class action lawsuit lawsuit captioned Alice Rosenblum v. Passes Inc., et al., against Passes Inc. (“Passes”), a social media platform, Lucy Guo, its founder…
On February 13, 2025, Clark Smith Villazor, on behalf of its clients Silverpeak Strategic Partners LP and Phoeninca Investments LLC filed a complaint against Baker & McKenzie LLP, Baker & McKenzie International, and Estudio Luis Echecopar García S.R.L., a member firm of Baker & McKenzie International in the New York…
On October 9, 2024, Judge Andrew L. Carter, Jr. of the Southern District of New York granted the motion for bail pending appeal filed by Patrick J. Smith and Selbie L. Jason of Clark Smith Villazor LLP on behalf of their client while he appeals his conviction for insider trading…
Following September’s post-trial win in Delaware Chancery Court, CSV earned another victory this week for EOS Products co-founder Sanjiv Mehra in his dispute with his former business partner Jonathan Teller. This win comes in a derivative action Mehra filed in New York Supreme Court’s Commercial Division. In a fourteen-page decision…
On September 20, 2024, Clark Smith Villazor earned a post-trial win for its clients, Sanjiv Mehra and the trustee of his family trust, in a Delaware Chancery Court dispute arising out of Mr. Mehra’s former business partner’s effort to oust him from EOS—the popular consumer-products business that Mr. Mehra co-founded…
