The US Court of Appeals for the Tenth Circuit recently upheld the grant of summary judgment for the receiver of a business that was alleged to have participated in a Ponzi scheme, finding that the clawback of funds was...more
6/12/2015
/ Alter Ego ,
Appeals ,
CFTC ,
Clawbacks ,
Commodity Exchange Act (CEA) ,
Enforcement Actions ,
Fraudulent Transfers ,
Legal Fees ,
Ponzi Scheme ,
Standing ,
Statute of Limitations ,
Summary Judgment
The US Court of Appeals for the Ninth Circuit recently affirmed dismissal of a counterclaim for breach of fiduciary duty brought under Section 242 of the Alberta Business Corporations Act (ABCA), finding that only an Alberta...more
Preet Bharara, United States Attorney for the Southern District of New York, has petitioned the United States Court of Appeals for the Second Circuit for a rehearing en banc of last month’s landmark decision vacating multiple...more