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Corporate & Securities Law
: Business Law Prof BlogWho Knew There Were Net Winners in the Madoff Scheme?
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The Wall Street Journal reports that U.S. Bankruptcy Judge Burton Lifland (New York City) today ruled that ?net winners? (those who withdrew more funds than their initial investments and later deposits) in Bernard Madoff's ponzi scheme were not entitled to...Full post as published by Business Law Prof Blog on March 01, 2010 (boomark / email).
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Hershey Co. et al.
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alleging the consultants perpetrated a Ponzi scheme by encouraging borrowers to lend more than they needed.
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