- 11 U.S.C.
Picard v. Cohmad Sec. Corp. ETC (In re Bernard Madodd Inv. Sec. LLC)
Oct
26
2009
Ruling
Swiss joint tenancy had sufficient U.S. contacts to establish personal jurisdiction in preferential transfer proceeding.
Procedural posture
Plaintiff trustee brought claims under the Securities Investor Protection Act, 15 U.S.C.S. § 78aaa et seq., against defendant, Swiss joint tenancies, seeking turnover and accounting, avoidance of preferential and fraudulent transfers. The joint tenancy moved to dismiss the complaint for insufficient service of process under Fed. R. Civ. P. 4(f) and lack of personal jurisdiction pursuant to Fed. R. Civ. P. 12(b)(2) and (5).
ABI Membership is required to access the full summary of Picard v. Cohmad Sec. Corp. ETC (In re Bernard Madodd Inv. Sec. LLC) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: