Search for: "Fidelity Trust Company v. American Surety Company of New York and Hartford Accident and Indemnity Company, Appellants"
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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]
23 Aug 2010, 4:15 am
See, e.g., Fitzgerald v. [read post]
