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CLASS OR REPRESENTATIVE ACTIONS - Procedure - Appeals - Appeal as of right - Leave to appeal - Time to appeal - Extension of time

Wednesday, April 18, 2018 @ 8:46 AM  

Motion by the underwriter defendants to quash the plaintiff’s appeal of the decision denying certification of their class proceeding against the underwriters. Motion by the plaintiff for an extension of time to seek leave to appeal, should the defendants’ motion be successful. The plaintiff class members were non-US share purchasers in Hycroft Gold Corp. (Hycroft). The plaintiff claimed Hycroft made misrepresentations in its Prospectus for public offering. The underwriters were not added as parties until Hycroft filed for bankruptcy protection. The certification motion judge certified the...