Bayou Court Finds Redemption Payments Subject To Fraudulent Conveyance Laws
Mondaq Business Briefing › United States Law Articles in English (2008)
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Bayou Court Finds Redemption Payments Subject To Fraudulent Conveyance Laws
In a decision that could spell trouble for innocent hedge fund investors, a federal bankruptcy judge in New York ruled that investors in the now infamous Bayou Hedge Funds—which were found to have operated a massive Ponzi scheme—qualified as creditors, and th...
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