Rimu Capital Ltd. v. Ader, et al.

District Court, S.D. New York·Decided April 6, 2026·No. 1:23-cv-05065·Unknown

Opinion

GREGORY A. BLUE LACHTMAN Admitted in NY, NJ, CA COH E N & 1133 Westchester Avenue, Suite N-200 White Plains, New York 106 BELOWICH Tel: (014) 305-6654 — 11811 San Vicente Blvd., Suite 414 Los Angeles, CA 90049 Tel: (310) 424-5265 Email: gblue@Icb-law.com www.lcb-law.com February 19, 2026 VIA ECF Hon. Lewis J. Liman United States District Court Southern District of New York 500 Pearl Street, Room 1620 New York, New York 10007 Re: Rimu Capital Ltd. v. Ader, et al. | Case No.: 1:23-cv-05065-LJL Dear Judge Liman: This firm represents Plaintiff Rimu Capital Ltd. (““Rimu”). We write pursuant to Section 4(C) of Your Honor’s Individual Practices in Civil Cases to raise a discovery dispute with the Court. Before filing this letter, we attempted to meet-and-confer with Defendants’ counsel concerning this dispute but, as described below, have been unable to do so. Background As explained in Rimu’s recent request for a modification of the Case Management Order [ECF No. 245], Defendants have never produced any documents in this case. Defendants claim to no longer have any responsive documents in their possession. They repeatedly represented to Rimu and the Court that that responsive documents are in the possession and control of third parties and that Rimu should subpoena those parties to obtain relevant documents. Rimu did so. With one exception, each of those third parties responded that they have no responsive documents. This discovery dispute concerns Global Relay, the one third party that admittedly has Defendants’ documents in its possession and under control, and that is willing to provide those documents to Rimu if Defendants consent. Global Relay Defendants represented to Rimu that relevant documents could be subpoenaed from Global Relay. Specifically, on October 21, 2025, Defendants’ counsel sent an email stating that “Global Relay Communications Inc is a company preserving documents relating Aldo [sic] to Spring Owl IIC and 26 Capital llc. Their headquarters are located at 220 Cambie Street , Suite 500 , Vancouver , BC ,Canada V6B 2m9 but they have a US presence as Global Relay , New York , NY. Also asked Jason for account numbers or any identifying labels.” [Exh. 1.] On October 23, we served a Notice of Intent to Serve Subpoenas, including a subpoena to Global

Hon. Lewis J. Liman February 19, 2026 Page 2 Relay. [Exh. 2!.] That same day, Defendants’ counsel emailed a list of entities, including Global Relay, that purportedly had possession of responsive documents. That email stated “I recetved the attachment few minutes ago. It may add to your subpoenas.” [Exh. 3.] Defendants thus were aware of our intention to subpoena Global Relay and invited us to do so. Thereafter, Defendants never objected to the Global Relay subpoena on any ground, nor did they move to quash or for a protective order. Global Relay responded to the subpoena by stating that it required “Mr. Ader’s direct consent (via email is sufficient) to providing the records as set out in the Subpoena.” [Exh. 4 at 3.] Global Relay also stated that Mr. Ader would be required to “clear the outstanding balance on his account” in the amount of $5,796.76, and that data export and delivery charges would total $11,025. In total, Global Relay has said that it would charge $16,821.76 to deliver the data to Rimu. [/d. at 4.] Global Relay also stated that, absent Defendants’ consent to the release of data, Global Relay would contend that the subpoena is not valid and that it would require service of a foreign subpoena via the Hague Convention. [/d. at 2.] While the parties discussed payment to Global Relay, Mr. Ader agreed to the release of data “provided that privileged emails are protected and not shared with Mr. Greg Blue and his client.” [Exh. 5 at 4.] Thereafter, we attempted to negotiate a protocol to screen potentially privileged communications, offering that Mr. Ader provide a list of emails and email domains to be segregated from any Global Relay production. [/d.] On December 10, 2025, Mr. Ader stated that he was “willing to cooperate with the privilege-screening process,” but it would take him time to do so. He further stated, “I don’t understand the urgency, especially given the volume of privileged material involved.” [Exh. 6.] Mr. Ader never provided such a list. On January 23, 2026, Rimu requested that the Court modify the Case Management Order for good cause to permit additional time for discovery. [ECF No. 245.] Specifically, Rimu requested “an extension to: (1) attempt to agree to a protocol for the production of documents from Global Relay or, if the parties are unable to do so, to seek an order compelling Defendants to consent to the production on specified terms; (11) review documents produced by Global Relay; and (111) take depositions of the non-debtor defendants.” [/d. at 3.] Defendants consented to Rimu’s request. On January 29, 2026, the Court granted Rimu’s request, finding that there was “good cause” to modify the Case Management Order. [ECF No. 246.] Among the reasons cited by the Court was the fact that “Ader agreed to assist with the release of data from non-party Global Relay but never followed through on that promise.” [/d. at 2.] That remains true today.

I Subpoenas unrelated to the current dispute have been removed from the copy of the notice that is attached as an exhibit. 2 On December 22, 2025, Mr. Ader filed a voluntary petition for relief under chapter 11 of tile 11 of the United States Code (the “Bankruptcy Code’) in the United States Bankruptcy Court for the Southern District of Florida, Case No. 25-25088-CLC. None of the other remaining Defendants filed a bankruptcy petition.

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Rimu Capital Ltd. v. Ader, et al., (S.D.N.Y. 2026).

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