James K. Filan presented thoughts on the next steps in the quest for the Hinman documents

Lawyer James K. Filan presented thoughts on the next steps in the quest for the Hinman documents.

Lawyer James K. Filan on twitter presented thoughts on the next steps in the quest for the Hinman documents. He noted: 

Some thoughts on the next steps in the quest for the Hinman documents. The SEC has a number of procedural cards they can play to try to further delay complying with the order to produce the Hinman documents.

He also added:

First, they can ask Judge Torres to reconsider her order overruling the SEC objection. Second, they could skip the motion for reconsideration and just ask her to certify an appeal of the decision she issued today.

Third, they could go to the Court of Appeals directly on a Petition for Writ of Mandamus. As I’ve mentioned before, these are all low probability of success maneuvers.

But if the SEC wants to delay producing the documents, they may try any or even all of these maneuvers, and that could take an additional 2 to 3 months to work out. None of these attempts at delay, however, will impact the summary judgment schedule.