April 04, 2016

Using Correspondent U.S. Bank Can Result in Personal Jurisdiction in U.S. Courts

Fleeting passage of money through the U.S. can bestow jurisdiction on U.S. courts.

2nd Circuit, New York, New York Southern District

February 16, 2016

Defrauded Customers Make Introducing Broker Eligible for Liquidation under SIPA

SIPC steps in to help pay claims of defrauded customers of introducing broker.

2nd Circuit, New York, New York Southern District

January 08, 2016

Second Circuit Broadly Reads Claim Subordination Under Section 510(b)

Lehman co-underwriters are stuck with worthless contribution claims.

2nd Circuit

December 15, 2015

Ninth Circuit Won’t Protect Purchasers with Equitable Mootness

The Ninth Circuit provides another reason to avoid reorganizing on the west coast.

9th Circuit