Law360: Law Firm Gets Arbitration In Pot Co.’s Loan Fraud Suit

In “Law Firm Gets Arbitration In Pot Co.’s Loan Fraud Suit,” Law 360 writes about U.S. District Judge Ronnie Abrams’ decision to grant firm client CKR Law LLPs bid to arbitrate claims by an Ohio cannabis cultivator alleging that the firm was part of a loan fraud scheme, finding that the arbitration agreement they signed is valid and enforceable. In the order, the court stayed Gem City Management Inc’s claims against fellow defendants Monster Capital Corp. and Safari Trading LLC while the arbitration with CKR runs its course.

The case is Gem City Management Inc. v. Rinde et al., case number 1:21-cv-07676, in the U.S. District Court for the Southern District of New York.

Michael J. Maloney represented the CKR Law defendants in this matter.

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