Search for: "California Casualty Ins. Co. v. Appellate Department (1996)"
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14 Mar 2016, 2:56 am
In 2015, the New York State Supreme Court, Appellate Division – First Department, was faced with two matters, both of which addressed whether bonds issued to entities formed for the purposes of investing and trading in securities, covered losses the entities sustained by investing in Madoff’s Ponzi scheme.[7] In 2009, Madoff pleaded guilty to 11 federal felonies and was sentenced to 150 years in prison, the maximum allowed. [read post]
3 Nov 2009, 5:00 am
(See State Farm Fire & Casualty Co. v. [read post]