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Federal Trade Commission v. Bluehippo Funding, LLC et al
Case Number:
1:08-cv-01819
Court:
Nature of Suit:
Judge:
Firms
Government Agencies
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March 28, 2017
Bankrupt BlueHippo Founder Ordered Again To Pay $13.4M
A New York federal judge on Tuesday held the founder of bankrupt BlueHippo Funding LLC in contempt of court and ordered him to pay $13.4 million, saying that he ignored an earlier order to give the funds to the Federal Trade Commission to settle a consumer fraud case even though he has plenty of personal assets.
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February 16, 2017
Founder Of BlueHippo, Itself Underwater, Files For Ch. 7
The former CEO of now-defunct BlueHippo Funding LLC filed for personal Chapter 7 bankruptcy in Florida on Wednesday, two days before he was required to respond to a motion to hold him in contempt for failing to pay $13.4 million for violating an order that his company cease deceptive practices.
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March 24, 2015
Ex-BlueHippo CEO To Rebut 2nd Circ. On Contempt Damages
Warning it would be an uphill fight Tuesday, a Manhattan federal judge gave former BlueHippo Funding LLC CEO Joseph Rensin a chance to rebut Second Circuit guidance suggesting he and the bankrupt retail credit concern are liable to consumers for $14 million after a contempt finding in a deceptive practices case.