SEC Can Try To Force Wylys To Bring Offshore Money Home
By Jess Krochtengel ( July 13, 2016, 4:13 PM EDT) -- The U.S. Securities and Exchange Commission will be able to seek a court order forcing the repatriation of about $300 million from offshore accounts to satisfy a fraud judgment against Sam and Charles Wyly unless the onetime billionaire Wyly families voluntarily bring that money to the U.S., a Texas bankruptcy judge said Wednesday....
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.