"As part of a sprawling lawsuit against Bank of America, lawyers for Jeffrey Epstein's victims will be able to depose one of the most important figures in the sex-trafficker's financial life: Leon Black. But Black can delay his lawsuit for 10 days, a judge ruled Wednesday."
"Black transferred Epstein over $150 million between 2012 and 2017, which he has said were payments for financial services that included tax and estate-planning advice. The proposed class-action lawsuit brought by Epstein victims alleges the Black's funds were used to facilitate Epstein's sex-trafficking operation."
"Michael Carlinsky, an attorney at the law firm Quinn Emmanuel representing Black, told the judge that the deposition should be delayed because there's a chance the lawsuit will soon be settled, making it unnecessary. 'My understanding is the parties are very close to resolving this dispute,' Carlinsky told Rakoff."
Leon Black, billionaire former CEO of Apollo Global Management, will be deposed by lawyers representing Jeffrey Epstein's victims in a lawsuit against Bank of America. A judge granted a 10-day postponement of his deposition, which is now scheduled for March 26. Black's attorney cited potential settlement negotiations as reason for the delay. Victims allege Black's $150 million in transfers to Epstein between 2012 and 2017 facilitated sex trafficking, and that Bank of America failed to adequately scrutinize these accounts. Black claims the transfers were payments for financial services. Similar lawsuits against JPMorgan Chase and Deutsche Bank have resulted in substantial settlements for Epstein's victims.
Read at Business Insider
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