District Court Upholds Procedures for Suspending a Panel Trustee
Panel trustee suspended for unfair, harsh, accusatory examination of debtors.
Madoff Trustee Nearing His First Judgment after Seven Years of Litigation
Madoff’s ‘net winners’ have their backs against the wall in fraudulent transfer suits.
Aircraft Lenders Lose Again on Requiring Compliance with Return Provisions
New York judge summarizes prior decisions about returning surplus aircraft.
Using Correspondent U.S. Bank Can Result in Personal Jurisdiction in U.S. Courts
Fleeting passage of money through the U.S. can bestow jurisdiction on U.S. courts.
Madoff Investor’s Suspicion of Fraud Does Not Generate Greater Liability
The right paper trail helps avoid liability for profiting from a Ponzi scheme.
Ruling on Texas Law, New York Judge Upsets Oil and Gas Pipelines
Protections for oil and gas pipelines undermined in Sabine Oil reorganization.
Madoff Trustee Beats Back Another End Run Around $7.2 Billion Settlement
Someone who pays $7.2 billion is entitled to a court’s sympathy and protection.
Defrauded Customers Make Introducing Broker Eligible for Liquidation under SIPA
SIPC steps in to help pay claims of defrauded customers of introducing broker.
Involuntary Dismissed to Prevent Using Court Like a ‘Rented Battlefield’
Manhattan judge won’t allow using the court like a collection agency in two-party dispute.
Minimal Activities in Foreign Liquidation Are No Basis for Chapter 15 Recognition
Judge Gerber pens a treatise on consequences of bad-faith chapter 15 filing.