In this article, Joe Wielebinski and Matthias Kleinsasser of Winstead PC provide an overview of U.S. receivership law and discuss how this equitable remedy may be used to combat fraud alone, or in concert with other creditor...more
In sports, it is often said that “winning cures everything.” The same concept applies to uncovering fraud. When the economy is strong and most investors are making money, there is little incentive to ask difficult questions...more
The Fifth Circuit overturned a U.S. District Court’s approval of a settlement between Ralph Janvey, the Receiver for Stanford International Bank, and various insurance company Underwriters, under which the Underwriters had...more
6/27/2019
/ Abuse of Discretion ,
Appeals ,
Co-Insured Issues ,
Fraud ,
In Rem Jurisdiction ,
Insurance Code ,
Insurance Industry ,
Jurisdiction ,
Ponzi Scheme ,
Receivership ,
Reversal ,
Settlement ,
Third-Party ,
Underwriting