Jill Frizzley

Jill Frizzley

Shearman & Sterling LLP

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Southern District of New York Holds in Madoff That the Bankruptcy Code Cannot Be Used to Recover Extraterritorial Transfers

Dealing a major blow to the trustee’s efforts to recover fraudulent transfers on behalf of the bankruptcy estate of the company run by Bernard Madoff, Judge Jed S. Rakoff of the United States District Court for the Southern...more

8/6/2014 - Bankruptcy Code Bernie Madoff Commercial Bankruptcy Cross-Border Extraterritoriality Rules Feeder Funds Foreign Investment Fund Fraudulent Transfers Insolvency Judge Rakoff Popular

Second Circuit Holds that Federal Reserve Bank of NY Was Not Subject to State Law Fiduciary Duty Claim for Actions During...

Late last month, in Starr Int’l Co. v. Fed Reserve Bank of N.Y., the Second Circuit held that the Federal Reserve Bank of New York (“FRBNY”) could not be held liable for state law fiduciary duty claims when it was acting...more

2/10/2014 - Breach of Duty Federal Reserve Fiduciary Duty

S.D.N.Y. Bankruptcy Court Finds That Claims Against Lehman Brothers Inc. Related to Bilateral Repurchase Transactions Do Not...

The United States Bankruptcy Court for the Southern District of New York recently entered a memorandum opinion in the Lehman Brothers Inc. (LBI) proceeding under the Securities Investor Protection Act (SIPA). The Bankruptcy...more

8/6/2013 - Bilateral Agreements Commercial Bankruptcy Lehman Brothers Repurchases SIPC

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