Home Ripple Chancery OKs Atty Fees For Ripple After Win Over Tetragon

Chancery OKs Atty Fees For Ripple After Win Over Tetragon

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Law360 (April 2, 2021, 7:28 PM EDT) — Cryptocurrency firm Ripple has come out on high in a bid to make investor Tetragon Monetary Group Ltd. pay its authorized charges in a March win over Tetragon’s declare that an alleged securities default justified a lockup of Ripple’s property.

In a doc made public Friday, Vice Chancellor Morgan T. Zurn, granted what was initially a $3.2 million charge request from Ripple, though with unspecified modifications.

The court docket on March 19 shut down a Tetragon go well with in search of to bar Ripple from utilizing its property for something however redeeming Tetragon’s inventory, rejecting claims {that a} federal regulator’s cryptocurrency-related go well with had triggered Tetragon’s…

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