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Posted On: 08/24/2021 8:11:14 PM
Post# of 151809
I don't practice Securities Law either, but I can envision that CytoDyn's lawyers might ask the judge to invalidate all of the proxies that they receive through this solicitation. And, I could see the judge doing it.
In fact, I could see CytoDyn using this to go in on the ultimate expedited basis (ex parte, Latin for without notice, but it really means in legal proceedings very very short notice like a day or two) asking for them to be restrained.
The Defendants sort of made the case for the Plaintiff of the necessary irreparable harm that is usually required for an ex parte hearing.
Again, don't practice Securities Law so this is NOT legal advice.
In fact, I could see CytoDyn using this to go in on the ultimate expedited basis (ex parte, Latin for without notice, but it really means in legal proceedings very very short notice like a day or two) asking for them to be restrained.
The Defendants sort of made the case for the Plaintiff of the necessary irreparable harm that is usually required for an ex parte hearing.
Again, don't practice Securities Law so this is NOT legal advice.
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