( February 24, 2025, 1:49 PM EST) -- WASHINGTON, D.C. — An investment fund waived its right to respond to a petition for a writ of certiorari filed in the U.S. Supreme Court by the fund’s founder and corporate affiliates after the Fifth Circuit U.S. Court of Appeals affirmed summary judgment on the investment fund’s behalf, determining that the lower court properly found that demand notes, borrowed by the founder on behalf of the corporate affiliates owned by the investment fund’s founder, were valid and due to the now-bankrupt investment fund....