Federal appeals court rejects PlayUp’s injunction bid against former US CEO

Federal appeals court rejects PlayUp’s injunction bid against former US CEO

Article brief provided by US Bets
  • John Brennan, US Bets
July 19, 2022 10:55 PM
  • John Brennan, US Bets

A three-judge panel of the U.S. Ninth Circuit Court of Appeals in Seattle on Tuesday denied Australian-based gaming company PlayUp’s bid for a preliminary injunction against its former U.S. CEO, Dr. Laila Mintas, for allegedly violating her employment agreements with the company.

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The original lawsuit, filed in U.S. District Court in Nevada in December, stems from the collapse of an expected $450 million sale of the company to cryptocurrency firm FTX.

PlayUp won round one of this sometimes acrimonious court battle that month, when a judge granted a temporary restraining order against Mintas, claiming that she was threatening to cause “irreparable damage” to the company by her public statements.