November 12, 2014
State-owned Venezuelan importer Bariven SA has asked a Florida federal judge to order Absolute Trading Co. executives and part-owners to hand over $28 million from allegedly fraudulent transfers that allowed Absolute to avoid satisfying a $150 million judgment over tainted Chinese milk.
April 25, 2013
A Florida federal judge on Thursday ordered the part-owner of Miami-based Absolute Trading Co. to pay $31.5 million to a state-owned Venezuelan importer that claims the fraudulent transfer of those funds has allowed Absolute to avoid satisfying a $150 million judgment over tainted Chinese milk.