Company: LTRYW
Filing Date: 2025-11-20
Form Type: 10-Q
Source: 0001493152-25-024384
Chunk: 362

Company: Lottery.com Inc.
Filing Date: 2025-11-20
Form: 10-Q
Item: Part II, Item 1
Chunk 362
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 the lawsuit. The Company
sought dismissal of the counterclaims, as well as a Temporary Restraining Order. The request for temporary injunctive relief was denied
by the MDF in February 2024, and on June 11, 2024, the MDF also denied Plaintiffs’ motion to dismiss, allowing the litigation to
move forward. On June 25, 2024, Plaintiffs filed their answer and affirmative defenses to Defendants’ counterclaims. On December
5, 2024, the parties participated in a court-ordered mediation; however, no resolution was reached.

On
February 25, 2025, Plaintiffs’ claims were dismissed without prejudice for failure to prosecute, and Defendants immediately moved
for default judgment on their counterclaims. On March 14, 2025, the Court entered an order denying without prejudice Defendants’
Motion for various deficiencies in the filing. On March 18, 2025, Defendants filed an Amended Motion for Default Judgment on their Counterclaims,
followed by additional support for their purported damages on April 25, 2025. The Company engaged new counsel, who made an appearance
on June 5, 2025, and thereafter sought and obtained additional time to respond to Defendants’ filings. On August 6, 2025, Plaintiffs
filed a Motion to Dismiss for Lack of Subject Matter Jurisdiction, or in the Alternative, Motion to Set Aside Default and Compel Arbitration,
which was renewed on August 14, 2025. At the same time, Plaintiffs also submitted opposition briefing and supporting evidence to contradict
Defendants’ filings relating to damages evidence. Defendants’ reply to Plaintiffs filings is due to be filed on August 29,
2025. In the interim, the MDF has stayed all deadlines in the case management order and has cancelled any pretrial proceedings, pending
resolution on the parties’ motions.

Woodford
Eurasia Assets, Ltd.

Woodford
Eurasia Assets, Ltd. (“Woodford”) filed a complaint in the High Court of Justice in London chancery Division. October 16,
2023, The High Court of Justice in London Chancery Division (“the Court”) dismissed an application for injunctive relief
initiated by Woodford against the Company. (Case: FL-2023-000023. Woodford Eurasia Assets Limited v Lottery.com Inc.) The Court characterized
Woodford’s application as “fundamentally miscon