Peter McCormack pays Craig Wright! Peter McCormack pays Craig Wright the £18,500 that is associated with a failed attempt to delay disclosure in the libel suit filed against him after November.
On July 30th of this year, McCormack was ordered to pay Wright’s costs associated with an attempt to push back discovery in the lawsuit.
The English High Court did not take kindly to the potential delay in discovery – it would have taken discovery and pre-trial dangerously close to and beyond the May 4th 2021 trial start date. The Court rejected the attempt at the delay and ordered McCormack to pay Wright’s costs of the July 30th hearing.
McCormack took almost a month to pay the bill – why it took him almost a month is unclear. It’s assumed that McCormack’s alleged funders, Tether, paid the bill.
This is undoubtedly a bitter pill to swallow for McCormack and any of his backers, IE potentially Tether, as this could be but the first of many legal bills they may have to pick up.
The next stage in the libel suit is discovery, which is set to begin in September. This part of the trial is important, and should reveal why McCormack suddenly wants to avoid having to stand by his attacks of Wright. The trial is set to begin May 4th, 2021.
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