Citibank Can't Duck Ch. 7 Trustee's Claims It Aided In Fraud
By Emily Lever ( November 7, 2023, 8:22 PM EST) -- A New York federal judge has preserved a suit from the Chapter 7 trustee of defunct sports and concert ticket broker National Events Holdings LLC against the debtor's erstwhile bank Citibank NA, ruling the trustee has adequately argued Citibank knew of and helped perpetrate a fraud against investors that brought down the company....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.