OpenGate Hit With Sanctions in Fraud Suit
The U.S. District Court for the District of Delaware slapped OpenGate Capital with a spate of sanctions for failing to comply with multiple discovery orders, which the court said prejudiced the defendants in a fraud suit.
December 02, 2015 at 04:06 AM
5 minute read
The U.S. District Court for the District of Delaware slapped OpenGate Capital with a spate of sanctions for failing to comply with multiple discovery orders, which the court said prejudiced the defendants in a fraud suit.
Master Paul M. Lukoff, special master for the court, found the private investment firm failed to adhere to its verbal commitment and subsequent court order in June to turn over to defendant Thermo Fisher Scientific damages-related documents and accompanying metadata during discovery.
By the time OpenGate finally did disclose the documents with a report from its damages expert in late September, Thermo Fisher was unable to use the information for taking depositions or conducting third-party discovery, Lukoff said.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Trending Stories
- 1BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 2The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 3First Lawsuit Filed Alleging Contraceptive Depo-Provera Caused Brain Tumor
- 4Elder Litigators Confront Tough Questions in Last Act of Careers
- 5The 'Biden Effect' on Senior Attorneys: Should I Stay or Should I Go?
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250