Winklevoss Capital Fund, LLC’s Attorney Fined $15K for Obstructive Behavior – Winklevoss Twins Ordered to be Re-deposed at Own Expense; Baker Marquart Represents Charlie Shrem in Winklevoss Capital Fu

Baker Marquart achieved a significant victory for its client Charlie Shrem in Winklevoss Capital Fund, LLC v. Shrem, which is before Judge Jed S. Rakoff in the Southern District of New York.

After reviewing transcripts of the Winklevoss twins’ depositions, Judge Rakoff found that the conduct of their company’s attorney, Tyler Meade, was obstructive. Meade instructed the twins not to answer on relevance and other improper grounds dozens of times, among other actions. As a result, Judge Rakoff ordered: (1) the twins to pay Shrem $15,000 in attorneys’ fees and costs for the depositions; (2) the twins to be re-deposed and to pay for Baker Marquart’s attorneys’ fees and costs for those depositions; and (3) Meade to pay the fine discussed above.

“We believe Meade did so in an attempt to hide information extremely helpful to Charlie. We can’t wait to re-depose the twins and now at their own expense,” said lead attorney Brian Klein. Klein, along with Don Pepperman and Theresa Huggins of Baker Marquart represent Shrem.

Trial is set for July 8, 2019.

Read full article here. (Subscription required)