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.
Madoff ‘Net Equity’ Method Was Properly Applied to Inter-Account Transfers
Madoff trustee’s newest appellate victory again disregards fictitious profits.
No ‘Innocent Insider’ Exception to In Pari Delicto in New York, Judge Holds
New York becomes even more inhospitable to trustees facing in pari delicto defense.
New York’s ‘Loss Mitigation’ Program Survives One Lender Attack
SDNY’s ‘loss mitigation’ program for mortgage modification may face another attack.
District Judge Packs Off New GM to the First Ignition Switch Trial in Oklahoma
New GM and ignition switch plaintiffs play high-stakes poker in federal court.
Elected Chapter 7 Trustee Must Be Disinterested, Long Island Judge Holds
Judge imposes disinterestedness requirement not included in the statute.