JGB (CAYMAN) NEWTON, LTD., Plaintiff,
v.
SELLAS LIFE SCIENCES GROUP INC., DR. ANGELOS M. STERGIOU, MD, ScD H.C., ALEKSEY N. KRYLOV, JANE WASMAN, STEPHEN F. GHIGLIERI, DR. DAVID A SCHEINBERG, MD, PhD, ROBERT L. VAN NOSTRAND, and JOHN VARIAN, Defendants,
SELLAS LIFE SCIENCES GROUP, INC., Counterclaim Plaintiff,
v.
JGB (CAYMAN) NEWTON, LTD., JGB COLLATERAL, LLC, JGB CAPITAL OFFSHORE LTD., JGB PARTNERS L.P., and JGB CAPITAL L.P., Counterclaim Defendants.
United States District Court, S.D. New York.https://leagle.com/images/logo.png
Dr. Angelos M. Stergiou, MD, ScD H.C., Aleskey N. Krylov, Jane Wasman, Stephen F. Ghiglieri, Dr. David A. Scheinberg, MD, PhD, Robert L. Van Nostrand & John Varian, Defendants, represented by Jay B. Kasner , Skadden, Arps, Slate, Meagher & Flom LLP, Christopher P. Malloy , Skadden, Arps, Slate, Meagher & Flom LLP, Jeremy A. Berman , Skadden, Arps, Slate, Meagher & Flom LLP, Noelle M. Reed , Skadden, Arps, Slate, Meagher & Flomm LLP & Scott D. Musoff , Skadden, Arps, Slate, Meagher & Flom LLP.
Sellas Life Sciences Group Inc., Counter Claimant, represented by Jay B. Kasner , Skadden, Arps, Slate, Meagher & Flom LLP, Jeremy A. Berman , Skadden, Arps, Slate, Meagher & Flom LLP, Noelle M. Reed , Skadden, Arps, Slate, Meagher & Flomm LLP & Scott D. Musoff , Skadden, Arps, Slate, Meagher & Flom LLP.
This litigation arises out of a convertible debenture agreement between JGB (Cayman) Newton, Ltd. ("JGB") and Sellas Life Sciences Group, Inc. ("Sellas").1 In 2016, JGB invested $24 million in Sellas's predecessor in exchange for such a convertible debenture. Over...
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