2018 Chambers USA Guide Ranks Meland Russin & Budwick And Its Attorneys in Bankruptcy/Restructuring And Commercial Litigation

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2018 Chambers USA Guide Ranks Meland Russin & Budwick And Its Attorneys in Bankruptcy/Restructuring And Commercial Litigation

The 2018 Chambers USA Guide, a prestigious ranking of the nation’s top firms and attorneys published by Chambers and Partners, recognizes the work of Meland Russin & Budwick and its attorneys in the practice areas of Bankruptcy & Restructuring and Commercial Litigation.

Posted in Annoucements, Eric W.Ostroff - Media and Events, Michael S. Budwick - In the News, Peter D. Russin - In the news, Solomon B. Gene - In the News

Your Contingency Fee May Be at Risk if Your Client Files for Bankruptcy

Attorneys bringing personal injury and other suits on a contingency fee basis often face bankruptcy-related issues. A defendant may be insolvent, a bankruptcy trustee may assert an insurance policy is property of a bankruptcy estate, or a bankruptcy trustee may bring a competing claim against the same defendant, as just a few examples.

Posted in In the News, Solomon B. Gene - In the News

Federal Court To Decide Whether GE Capital Was Complicit In Ponzi Scheme

By December 8, 2000, GE Capital Corporation (GECC) had received nearly $50 million that it had loaned to Petters Capital, a company that specialized in buying bulk lots of merchandise from various retailers and then re-selling them to large, big box, distributors like Costco and Walmart.  

Posted in In the News, Michael S. Budwick - In the News, Solomon B. Gene - In the News

Judge Won’t Toss Suit Against GE Capital Over $3.6B Scheme

A Florida bankruptcy judge on Thursday denied General Electric Capital Corp.’s bid to escape a suit alleging it participated in the $3.6 billion Ponzi scheme orchestrated by Tom Petters, paving the way for the claims to go to a jury.

Posted in In the News, Michael S. Budwick - In the News, Solomon B. Gene - In the News

Four Meland Russin & Budwick Attorneys, and Bankruptcy and Restructuring Practice Listed in 2016 Chambers USA Guide

The 2016 Chambers USA Guide includes four Florida attorneys from law firm Meland Russin & Budwick and also ranks the firm’s Bankruptcy and Restructuring Practice.

Posted in Annoucements, Daniel N. Gonzalez - In the news, Michael S. Budwick - In the News, Peter D. Russin - In the news, Solomon B. Gene - In the News

Petters Ponzi Trustee Sets $160 Million Liquidation

Miami attorneys from Meland Russin & Budwick helped craft a more than $160 million liquidation plan to repay victims of one of the largest Ponzi schemes in history.

Posted in In the News, Michael S. Budwick - In the News, Peter D. Russin - In the news, Solomon B. Gene - In the News

BMO Harris To Pay $16M To End Petters Ponzi Row

BMO Harris Bank NA agreed Thursday to pay $16 million to settle an adversary suit launched by the trustee for two bankrupt Florida investment firms, which alleged a BMO unit helped convicted Ponzi scammer Thomas Petters bilk investors out of $3.7 billion.

Posted in In the News, Michael S. Budwick - In the News, Solomon B. Gene - In the News, Zachary N. James - In the News

Fulbright Can’t Shake Malpractice Suit Over Petters Scheme

A Florida bankruptcy judge refused Monday to dismiss a $748 million lawsuit accusing Fullbright & Jaworski LLP of failing to properly advise funds involved in Tom Petters’ $3.6 billion Ponzi scheme

Posted in In the News, Michael S. Budwick - In the News, Peter D. Russin - In the news, Solomon B. Gene - In the News

Judge Allows Petters Feeder Fund Lawsuit to Move Forward

A bankruptcy judge said a major feeder fund to convicted Ponzi-scheme operator Tom Petters may move forward with a lawsuit to collect more than $4 billion in damages from General Electric Capital Corp .

Posted in In the News, Michael S. Budwick - In the News, Solomon B. Gene - In the News

Former Karu & Y owner Seecomar pursued for $60M

A business owned by former Miami nightclub operator Clive Seecomar has been slammed with a $60 million judgment for civil theft related to a cellphone recycling business he was involved in.

Posted in In the News, Solomon B. Gene - In the News