Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / matter-opening-memo.docx
matter-opening-memo.docx
Parties
HARKNESS LLP
ENTERPRISE SA
Skybridge Fintech Ltd
General Counsel Skybridge Fintech Ltd
Federal Deposit Insurance Corp
Coastal Assurance Corp
Grenier LLP
Critical Inc
Dates
September 2, 2025
March 15, 2025
January 22, 2025
April 30, 2025
March 1, 2026
February 28, 2031
September 15, 2025
February 28, 2026
August 25, 2025
August 28, 2025
Amounts
$78.3
$78
$11.7
$3.4
$310
$25,000,000
$50,000,000
$485
$12,700,000
$3,600,000
Obligations
Response time definitions and escalation procedures must be aligned with Skybridge's internal incident management capabilities and existing operational commitments to other clients
This gap must be evaluated in light of Skybridge's operational capacity and the notification timelines in its upstream agreements with Orion Cloud Services
The audit rights framework must also accommodate examination rights of federal banking regulators, as discussed below
As such, Skybridge must agree to examination by federal banking regulators (including the OCC and FDIC) and must include contractual provisions reflecting this regulatory access right
The Security Exhibit and the MSA itself must contain appropriate language ensuring that Skybridge's premises, books, and records are accessible to the relevant regulators upon request
Given that SkyComply™ is an AML and transaction-monitoring platform, the MSA must address compliance with the Bank Secrecy Act and applicable AML regulations