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Ritchie Capital Management, L.L.C. et al v. Coleman et al
Case Number:
0:12-cv-00270
Court:
Nature of Suit:
Racketeer/Corrupt Organization
Judge:
Firms
Companies
Sectors & Industries:
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May 29, 2012
Minn. Firm Ducks Hedge Fund's Fraud Suit Over Polaroid Assets
A federal judge on Friday dismissed a hedge fund's fraud claims against Minneapolis law firm Fredrikson & Byron PA, which counseled convicted Ponzi schemer Thomas Petters' former companies, saying the fund's questions over loans secured by Polaroid Corp. assets have to be proven in a bankruptcy proceeding first.
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February 02, 2012
Hedge Fund Sues Petters Over Polaroid Interests
A hedge fund sued Ponzi schemer Thomas Petters in Minnesota on Thursday for allegedly cheating it out of Polaroid Corp. security interests owed to the fund in exchange for $150 million it loaned to the company's Petters-owned parent, which went bankrupt.