Sadis Represented Katana Financial LLC in the Sale of Algorithmic Trading Software
Sadis is pleased to announce a team of attorneys led by Partner Jonathan Bernstein advised Katana Financial LLC (“Katana”) in the sale of its algorithmic trading software and related intellectual property to a Chicago-based trading firm.
Sadis' deal team consisted of Mr. Bernstein, Seth Lebowitz (Partner), and Jaywon Choi (Associate), with Ron Geffner (Partner) advising on the financial services aspect of the transaction.
"We were thrilled to help Katana successfully complete this sale," said Mr. Bernstein.
Katana, founded by Sam Gaer, is a quantitative trading firm that developed ultra-low latency algorithms and advanced proprietary trading systems in connection with derivatives, energy, and crypto strategies.
Sadis offers a diverse, business-oriented practice focused on corporate law, mergers & acquisitions, investment funds, litigation, real estate, regulatory matters, tax issues, and ERISA. Our team of experienced attorneys brings deep industry knowledge across these areas to provide strategic, efficient solutions tailored to our clients' needs. This collaborative approach brings to the table a collective insight that contributes to sensible, efficient resolutions, and allows us to remain attentive to the cost and time sensitivities that may be involved.