20230930-DK-Butterfly-1, Inc. v. HBC Investments LLC
Plaintiff: 20230930-DK-BUTTERFLY-1, INC. and Bed Bath & Beyond Inc.
Defendant: HBC INVESTMENTS LLC and HUDSON BAY CAPITAL MANAGEMENT LP
Amicus Curiae: MANAGED FUNDS ASSOCIATION
Case Number: 25-2728
Filed: October 29, 2025
Court: U.S. Court of Appeals, Second Circuit
Nature of Suit: STATUTES-Secur Comm Exchange
Docket Report

This docket was last retrieved on April 8, 2026. A more recent docket listing may be available from PACER.

Date Filed Document Text
April 8, 2026 Filing 34 CASE CALENDARING, for argument on 6/23/2026, SET. [Entered: 04/08/2026 10:05 AM]
March 25, 2026 Filing 33 REPLY BRIEF, on behalf of Appellant 20230930-DK-Butterfly-1, Inc., FILED. Service date 03/25/2026 by ACMS. [Entered: 03/25/2026 05:25 PM]
March 19, 2026 Filing 32 CASE CALENDARING, for the week of 06/22/2026, PROPOSED. [Entered: 03/19/2026 10:39 AM]
March 9, 2026 Filing 31 ORAL ARGUMENT STATEMENT LR 34.1 (a), on behalf of Appellee HBC Investments LLC, Appellee Hudson Bay Capital Management LP, FILED. Service date 03/09/2026 by ACMS. [Entered: 03/09/2026 04:10 PM]
March 9, 2026 Filing 30 ORAL ARGUMENT STATEMENT LR 34.1 (a), on behalf of Appellant 20230930-DK-Butterfly-1, Inc., FILED. Service date 03/09/2026 by ACMS. [Entered: 03/09/2026 02:45 PM]
March 5, 2026 Filing 29 AMICUS BRIEF, on behalf of Amicus MANAGED FUNDS ASSOCIATION, FILED. Service date 03/05/2026 by ACMS. [Entered: 03/05/2026 04:28 PM]
March 5, 2026 Filing 28 MOTION ORDER, granting Amicus Curiae's motion for leave to file an appendix to its brief, at docket entry 26, on behalf of Amicus Curiae Managed Funds Association, FILED. [Entered: 03/05/2026 02:28 PM]
March 5, 2026 Filing 27 CURED DEFECTIVE DOCUMENT, Motion, at entry 26, on behalf of Amicus Curiae Managed Funds Association, FILED. [Entered: 03/05/2026 10:18 AM]
March 4, 2026 Filing 26 MOTION, for leave to file, on behalf of Amicus Curiae Managed Funds Association, FILED. Service date 03/04/2026 by ACMS. [Entered: 03/04/2026 04:33 PM]
March 3, 2026 Filing 25 DEFECTIVE DOCUMENT, Amicus Brief on Consent, at docket entry 23, on behalf of Managed Funds Association, FILED. [Entered: 03/03/2026 03:49 PM]
March 3, 2026 Filing 24 NEW PARTY, Amicus Curiae Managed Funds Association, ADDED. ATTORNEY, Michael Courtney Keats, for Amicus Curiae Managed Funds Association, ADDED. [Entered: 03/03/2026 03:42 PM]
March 2, 2026 Filing 23 AMICUS BRIEF, on behalf of Amicus MANAGED FUNDS ASSOCIATION IN SUPPORT OF DEFENDANTS-APPELLEES AND AFFIRMANCE OF THE DISTRICT COURTS, FILED. Service date 03/02/2026 by ACMS. [Entered: 03/02/2026 07:54 PM]
March 2, 2026 Filing 22 NOTICE OF APPEARANCE AS AMICUS COUNSEL, on behalf of Managed Funds Association, FILED. Service date 03/02/2026 by ACMS. [Entered: 03/02/2026 07:48 PM]
February 23, 2026 Filing 21 BRIEF, on behalf of Appellee HBC Investments LLC, Appellee Hudson Bay Capital Management LP, FILED. Service date 02/23/2026 by ACMS. [Entered: 02/23/2026 06:29 PM]
December 30, 2025 Filing 20 MOTION ORDER, granting parties joint motion to extend the briefing schedule such that Appellees response brief is due 02/23/2026, and Appellants reply brief is due 03/25/2026 at docket entry 19, on behalf of Appellee HBC Investments LLC, Appellee Hudson Bay Capital Management LP, by JAC, FILED. [Entered: 12/30/2025 11:12 AM]
December 23, 2025 Filing 19 MOTION, for extension of time, on behalf of Appellee HBC Investments LLC, Appellee Hudson Bay Capital Management LP, FILED. Service date 12/23/2025 by ACMS. [Entered: 12/23/2025 05:37 PM]
December 19, 2025 Filing 18 BRIEF & SPECIAL APPENDIX, on behalf of Appellant 20230930-DK-Butterfly-1, Inc., FILED. Service date 12/19/2025 by ACMS. [Entered: 12/19/2025 05:17 PM]
December 19, 2025 Filing 17 JOINT APPENDIX, volume 2 of 2, (pp. 171 - 333), on behalf of Appellant 20230930-DK-Butterfly-1, Inc., FILED. Service date 12/19/2025 by ACMS. [Entered: 12/19/2025 05:10 PM]
December 19, 2025 Filing 16 JOINT APPENDIX, volume 1 of 2, (pp. 1 - 170), on behalf of Appellant 20230930-DK-Butterfly-1, Inc., FILED. Service date 12/19/2025 by ACMS. [Entered: 12/19/2025 05:08 PM]
November 14, 2025 Filing 15 LOCAL RULE 31.2 NOTICE, placing this appeal on the Court's Expedited Calendar, setting appellant's brief due date as 12/19/2025, appellee's brief due date as 01/23/2026, TRANSMITTED. [Entered: 11/14/2025 02:05 PM]
November 14, 2025 Filing 14 NEW CASE MANAGER, Evelyn Cruz, ASSIGNED. [Entered: 11/14/2025 01:54 PM]
November 12, 2025 Filing 13 FORM D, on behalf of Appellant 20230930-DK-Butterfly-1, Inc., FILED. Service date 11/12/2025 by ACMS. [Entered: 11/12/2025 04:35 PM]
November 12, 2025 Filing 12 FORM C, on behalf of Appellant 20230930-DK-Butterfly-1, Inc., FILED. Service date 11/12/2025 by ACMS. [Entered: 11/12/2025 04:32 PM]
November 12, 2025 Filing 11 ATTORNEYS, James Edward Tysse, Kaitlin Dabbert Shapiro for Appellee HBC Investments LLC, Appellee Hudson Bay Capital Management LP, ADDED. [Entered: 11/12/2025 08:41 AM]
November 11, 2025 Filing 10 NOTICE OF APPEARANCE AS SUBSTITUTE COUNSEL/ADDITIONAL COUNSEL, on behalf of HBC Investments LLC, Hudson Bay Capital Management LP, FILED. [Entered: 11/11/2025 01:49 PM]
November 11, 2025 Filing 9 NOTICE OF APPEARANCE AS SUBSTITUTE COUNSEL/ADDITIONAL COUNSEL, on behalf of HBC Investments LLC, Hudson Bay Capital Management LP, FILED. [Entered: 11/11/2025 01:45 PM]
November 11, 2025 Filing 8 ACKNOWLEDGMENT AND NOTICE OF APPEARANCE, on behalf of Appellee HBC Investments LLC, Appellee Hudson Bay Capital Management LP, FILED. Service date 11/11/2025 by ACMS. [Entered: 11/11/2025 01:42 PM]
November 10, 2025 Filing 7 ACKNOWLEDGMENT AND NOTICE OF APPEARANCE, on behalf of Appellant 20230930-DK-Butterfly-1, Inc., FILED. Service date 11/10/2025 by United States Mail. [Entered: 11/10/2025 06:10 PM]
October 29, 2025 Filing 6 CIVIL APPEAL, on behalf of Appellant 20230930-DK-Butterfly-1, Inc., OPENED. [Entered: 10/29/2025 09:08 AM]
October 28, 2025 Filing 5 ELECTRONIC INDEX, in lieu of record, FILED. [Entered: 10/29/2025 09:05 AM]
October 28, 2025 Filing 4 PAYMENT OF DOCKETING FEE, on behalf of Appellant 20230930-DK-Butterfly-1, Inc., district court receipt # ANYSDC31908920, FILED. [Entered: 10/29/2025 09:02 AM]
October 28, 2025 Filing 3 DISTRICT COURT JUDGMENT, dated 09/30/2025, RECEIVED. [Entered: 10/29/2025 09:01 AM]
October 28, 2025 Filing 2 DISTRICT COURT OPINION AND ORDER GRANTING MOTION TO DISMISS, dated 09/30/2025, RECEIVED. [Entered: 10/29/2025 09:00 AM]
October 28, 2025 Filing 1 NOTICE OF CIVIL APPEAL, with district court docket, on behalf of Appellant 20230930-DK-Butterfly-1, Inc., FILED. [Entered: 10/29/2025 08:58 AM]

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Plaintiff: 20230930-DK-BUTTERFLY-1, INC.
Represented By: James Austen Hunter
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Plaintiff: Bed Bath & Beyond Inc.
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Defendant: HBC INVESTMENTS LLC
Represented By: Douglas A. Rappaport
Represented By: Kaitlin Dabbert Shapiro
Represented By: James Edward Tysse
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Defendant: HUDSON BAY CAPITAL MANAGEMENT LP
Represented By: Douglas A. Rappaport
Represented By: Kaitlin Dabbert Shapiro
Represented By: James Edward Tysse
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Amicus curiae: MANAGED FUNDS ASSOCIATION
Represented By: Michael Courtney Keats
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