A foremost
attorney and partner at Hogan & Hogan, Jeremy Hogan, has shared his convictions
on the feasibility of appeals on the recently ruled case between Ripple and
SEC.
On his unverified
twitter account the world-class lawyer, who has attained
prominence in handling appeals, explained the likelihood of each party pursuing
the appeals.
He stated
it explicitly that appeals typically occur after a case is completely finished,
which is not the case for Ripple vs. SEC., because there is no final judgment
yet on the case.
He said
that the parties involved do have the right to a regular appeal, which would
take place after the trial and post-trial motions, following the entry of a
final judgment.
Hogan further
affairmed that neither party would pursue an appeal, pointing out that winning
appeals could be challenging because the Judge had thoroughly reviewed the
entire record and the chances of success would be limited.
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