Both sides have now traded filings in the Foundry Media legal dispute — making clear that Yfat Reiss Gendell and Peter McGuigan have both agreed to the appointment of a temporary receiver over the agency’s, but each party wants the receiver to serve its particular agenda. Gendell wants a receiver authorized to sell Foundry’s assets, and asked the court to send the dispute to mediation. In a new filing, McGuigan states that he expects a receiver “would likely not have any other choice but to sue for, and collect any assets, claims or debts of Foundry,” including the collection of […]
