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ADAR BAYS, LLC v. GENESYS ID, INC.

Docket No. 18-3023, August Term 2019.

962 F.3d 86 (2020)

ADAR BAYS, LLC, Plaintiff-Appellee, v. GENESYS ID, INC. FKA RX Sales, Inc., Defendant-Appellant

United States Court of Appeals, Second Circuit.

Questions Certified: June 11, 2020.

Attorney(s) appearing for the Case

Kevin Kehrli , Garson, Segal, Steinmetz, Fladgate LLP, New York, NY, for Plaintiff-Appellee.

Jonathan Uretsky , Phillipson & Uretsky, LLP, New York, NY, for Defendant-Appellant.

Before: Parker, Livingston, Nardini, Circuit Judges.

This appeal arises from an action brought by Adar Bays, LLC, against GeneSYS ID, Inc., to collect on a Convertible Redeemable Note ("Note") issued in connection with a loan from Adar Bays to GeneSYS, which had defaulted. The Note permitted Adar Bays to convert any out-standing loan balance into GeneSYS common...

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