Rochelle's Daily Wire

ABI Exclusive

February 22, 2022

Two district judges are becoming incensed by ‘net winners’ in the Madoff Ponzi scheme who continue litigating and losing on the same issues.

February 1, 2022

Someone who commits fraud can’t be denied a discharge for that reason alone if the debtor kept accurate books and records of the fraud.

January 3, 2022

Chapter 7 trustee was precluded from terminating a lawsuit because a secured lender had been given the right to settle.

September 2, 2021

The Supreme Court’s Grupo Mexicano decision doesn’t bar a bankruptcy court from freezing a defendant’s assets prior to judgment in a fraud action, Judge Sontchi says.

September 1, 2021

Reversing in favor of the Madoff trustee, the Second Circuit rules that inquiry notice, not willful blindness, governs the good faith defense by recipients of fraudulent transfers.

August 20, 2021

It isn’t duress when a lender threatens to take action that the loan agreement allows, the circuit court says.

July 13, 2021

Madoff defendant socked with $280,000 in prejudgment interest for relitigating issues decided long ago.

March 30, 2021

The Eleventh Circuit narrowed its Jet Florida rule that allowed suing a discharged debtor as nominal defendant.

January 6, 2021

Providing a necessary service for a Ponzi-schemer was enough to make an employee liable to return compensation as a fraudulent transfer.

December 22, 2020

A statement about the profitability of a corporation the debtor owns is a statement about the debtor’s own financial condition, the Fifth Circuit says.