11th Circ. Affirms Wells Fargo Property Interest In Nadel Case
By William Gorta ( February 22, 2017, 7:12 PM EST) -- The Eleventh Circuit on Wednesday said Wells Fargo did not lose its interest as a secured creditor in two properties in the wake of hedge fund manager Arthur Nadel's $168 million Ponzi scheme, saying a creditor's property rights are granted under state law and a federal court can't invalidate them for failure to submit a proof of claim....
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