‘Plain Language’ Puts Small-Dollar Avoidance Suits in the Debtor’s Home Court
Congress may have made a mistake in drafting, but the plain language of 28 U.S.C. § 1409(b) must control, Judge Grossman says.
Kansas City Payday Lender Pleads Guilty to Bankruptcy Fraud
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TD Bank Faces Stanford Ponzi Scheme Liquidators Seeking $5.5 Billion in Trial
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Ponzi-Schemer’s Assistant Liable Under UFTA Even Without Knowledge of Fraud
Providing a necessary service for a Ponzi-schemer was enough to make an employee liable to return compensation as a fraudulent transfer.
Court:
Safe Harbor Bars Foreign Liquidators from Recovering Money Stolen in the U.S.
Another opinion shows that Congress wrote Section 546(e) in a manner that goes far beyond protecting the securities markets in the U.S.
Bankruptcy Trustee Recovers $12 Million More for Victims of $332 Million 1 Global Capital Fraud
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Madoff Trustee Wins Prejudgment Interest from ‘Net Winner’ Who Didn’t Settle
By continuing to litigate for 10 years on a lost cause, prejudgment interest will ‘up’ a fraudulent transfer defendant’s liability by 40%.
Madoff Victims to Start 2021 With $190 Million Payout by Trustee
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