Representation of Consulting Firm in Large Ponzi Scheme Litigation

Employee benefits consulting firm

Representation of employee benefits consulting firm and its holding company in connection with the second-largest Ponzi scheme in the United States. The court turned over all of the client's equity interests to the United States government. We contended that these interests reverted to the firm once the party defaulted on membership payments.

Related Practices
RELATED PEOPLE
Enza G. Boderone
Of Counsel
Lori Lustrin
Partner
MORE EXPERIENCE
Experience
Representation of B piece and special servicer clients, handling in excess of $130billion in 2.0 CMBSsecuritizations.
Experience
Representation of an energy company in its $9.45 billion all-cash acquisition of another energy company, resulting in the creation of the largest utility holding company in the United States.
Experience
Handled the sale of over 2,000 REOs, with aggregate purchase prices in the billions of dollars, through both the negotiation and closing of individual sales and the structuring and sale by auction of multiple properties. The largest was approximately $216 million, which was the sale of a major hotel...
VIEW MORE EXPERIENCE