Search for: "NORTHERN INSURANCE COMPANY OF NEW YORK v. TRAVELERS INSURANCE COMPANY et al" Results 1 - 8 of 8
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14 Mar 2016, 2:56 am by Kevin LaCroix
  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]
1 May 2012, 12:58 pm by Law Lady
Under New York law, the no-action clause of a trust indenture barred noteholders' suit alleging that the corporation's issuance of a dividend and planned spin off a business were fraudulent transfers. [read post]
15 Oct 2012, 8:13 am by Charles Johnson
These areas are (with the year designated a HIFCA) New York and Northern New Jersey – (2000) Los Angeles – (2000) San Juan, Puerto Rico – (2000) The southwest Texas and Arizona/Mexico border – (2000) The northern district of Illinois (Chicago) – (2001) The northern district of California (San Francisco) – (2001) Southern Florida (Miami) – (2003) High Profile Examples/Case Studies In 2006, Charles E. [read post]