June 23, 2020
The expansive definition of a ‘financial institution’ allows fraudulent transfers to be structured so that no one will ever be held liable.
June 22, 2020
Judge Thuma describes nonstatutory exceptions to the statutes of limitations in Sections 546(a) and 550(f).
June 9, 2020
More important law from Madoff: Filing a claim waives the right to a jury trial in district court even if the claim is denied or withdrawn, district judge rules.
June 5, 2020
Receiver barred from bringing aiding and abetting claims if the company was dominated by fraudsters.
June 3, 2020
The denial of ‘cert’ aids the Madoff trustee’s quest to recover 100% of defrauded customers’ cash losses.
May 28, 2020
The First Circuit BAP evidently believes that a transfer occurred, even though an ordinary check wasn’t cashed.
April 29, 2020
Overturning District Judge Rakoff a second time will aid the Madoff trustee’s quest to recover 100% of defrauded customers’ net equity claims.
April 27, 2020
Claims traders are put on notice: Purchasing a claim doesn’t insulate the buyer from disallowance under Section 502(d).
April 24, 2020
Judge Isgur applies heightened pleading standard to a complaint for fraudulent transfer with actual intent.
April 17, 2020
The UCC and Barnhill are in accord when it comes to ownership of funds underlying an unpaid check.