Allen Family Notches Win In Forgery Suit Over Ranch Deal

Law360, New York (September 27, 2012, 6:30 PM EDT) -- A New York federal judge on Wednesday tossed Excelsior Capital LLC's suit accusing the late private investment banker Robert Allen's family of forging his signature and wrongly transferring stakes in a $15 million Arizona ranch, ruling that it failed to state a claim.

U.S. District Judge Colleen McMahon dismissed Excelsior's complaint claiming the transfer was done to avoid a $25.3 million judgment owed to it, ruling Allen was the one who technically owed Excelsior money and would have had to have been behind the wrongdoing for...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Excelsior Capital LLC v. Allen et al


Case Number

1:11-cv-07373

Court

New York Southern

Nature of Suit

Fraud or Truth-In-Lending

Judge

Colleen McMahon

Date Filed

October 18, 2011

Law Firms

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.