A June eleventh Case Administration and Scheduling Order has locked in a Could 2020 MOBE trial date.
Settlement negotiations between the FTC and MOBE proprietor Matt Lloyd got here to a standstill, following Lloyd’s refusal to surrender sizable overseas property.
To that finish the case has now been referred to mediation, however whether or not that can result in a settlement is unclear.
Given the virtually certainty Lloyd will get steamrolled by the FTC if he went to trial, I’d be stunned if the case wasn’t resolved through settlement.
Then again Lloyd appears to be cussed sufficient to not give up his ill-gotten beneficial properties, so possibly the MOBE case will go all the way in which.
Sadly as soon as a case is referred to mediation we cease getting updates on it, pending both settlement or a standing replace advising mediation failed.
As per the June eleventh Case Administration order, a mediation listening to is to be held earlier than August seventh.
I think about our replace on mediation proceedings might be later that month.