Moatable Inc ADR (MTBLY)

[downthehatch]

Well, the first thing to note is that in RENN's 6K filed today, they say the court set another date for a hearing on the motion for January 30, 2022. So apparently, the judge is open to receiving additional briefs on the case.

I also note that at the end of his ruling, the box "non-final ruling" was checked.

So apparently, we have at least one more hearing before Judge Borrok, before the ruling can be appealed. He could change his mind, or be persuaded to change it, but that's not a high probability.

Generally, the parties would have about 30 days to file an appeal after the final ruling, then that appeal would be received and scheduled by the appellate court. Then you have a schedule for filing briefs, generally about 90 days.
Just guessing, but best case is probably an appellate ruling by late summer of 2022.