Bankman-Fried had already collected nearly $900,000 under CNA’s policy, but disputes between him and Friedberg over the distribution of the remaining policy proceeds added to the turmoil.
As this legal storm rages on, counsel for Bankman-Fried remained tight-lipped, while representatives of Friedberg and CNA did not provide immediate comments.
Legal Eagles in Action
In this high-stakes legal showdown, Sam Bankman-Fried is represented by a formidable legal team comprising Marc R. Lewis and Zachary Flood of Lewis & Llewellyn LLP, and Douglas J. Pepe and Benjamin Zhu of Cohen & Gresser LLP.
On the other side of the courtroom, Daniel Friedberg is represented by the skilled attorneys Richard R. Patch and Benjamin C. Pulliam of Coblentz Patch Duffy & Bass LLP, along with Franklin D. Cordell, Greg D. Pendleton, and Molly Anne Lyonie Olds of Gordon Tilden Thomas & Cordell LLP.
As for CNA, details about their legal counsel were not available at the time of reporting.
Bankman-Fried’s Lawsuit Against Excess Insurer : The Case Unveiled
The lawsuit is officially registered as Bankman-Fried v. Continental Casualty Co., case number 5:23-cv-05048, in the U.S. District Court for the Northern District of California. This sensational legal saga continues to unravel, leaving legal experts and observers perplexed and eager to see how it all plays out.