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ARCA Investments et al v. Proskauer Rose LLP et al

  1. March 09, 2017

    Chadbourne Says Stanford Receiver Deal Nixes Investor Suit

    Chadbourne & Parke LLP told a Texas federal judge on Wednesday that investors accusing it of facilitating Robert Allen Stanford's $7 billion Ponzi scheme no longer have a viable claim after agreeing to a $35 million settlement and bar order with the receiver overseeing recovery for victims of the scheme.

  2. March 15, 2016

    Proskauer, Chadbourne Can't Invoke Americold, Investors Say

    Investors who accuse Chadbourne & Parke LLP and Proskauer Rose LLP of facilitating Robert Allen Stanford's $7 billion Ponzi scheme told a Texas federal court Monday that a U.S. Supreme Court ruling on jurisdiction for nebulous legal entities can't help the firms escape the suit.

  3. January 15, 2016

    Chadbourne, Proskauer Say Stanford Investors Can't Save Suit

    Chadbourne & Parke LLP and Proskauer Rose LLP told a Texas federal court Friday that investors accusing the firms of aiding Robert Allen Stanford's $7 billion Ponzi scheme are essentially asking that U.S. Supreme Court precedent be ignored to save the suit from its jurisdictional deficiencies.

  4. December 07, 2015

    Proskauer, Chadbourne Can't Skip Stanford Suit: Investors

    Investors accusing Proskauer Rose LLP and Chadbourne & Parke LLP of aiding Robert Allen Stanford's $7 billion Ponzi scheme have told a Texas federal judge that the firms are trying to proclaim an "international law firm privilege" to avoid being sued in federal court.

  5. November 02, 2015

    Proskauer, Chadbourne Slam Suit Over Stanford Scheme

    Proskauer Rose LLP and Chadbourne & Parke LLP have both asked a Texas federal judge to dismiss a suit brought by largely foreign investors accusing the firms of aiding Robert Allen Stanford's $7 billion Ponzi scheme, saying the suit can't be brought in federal court.

  6. July 21, 2015

    Proskauer, Chadbourne Face New Suit Over Stanford Scheme

    Proskauer Rose LLP and Chadbourne & Parke LLP were hit with yet another lawsuit brought by investors victimized by Robert Allen Stanford's $7 billion Ponzi scheme who accused the firms of aiding the fraud, according to a complaint filed in Texas federal court on Tuesday.