News 06 Sep. 2018

Curtis Attorneys Win Decision in US Bankruptcy Court for CRT Capital, Cited in GRR Article

Bankruptcy partner and chair Lynn P. Harrison III, Litigation partner Nancy Delaney and Bankruptcy associate Peter Buenger have been cited as counsel to CRT Capital in a recent GRR article on a major international fraud case titled, ‘Luxembourg investment vehicle’s foreign representative “violated” US Bankruptcy Code.’ In an interesting development in the US Bankruptcy court, Judge Shelly Chapman issued a decision in favor of Curtis’ client CRT Capital, ordering SLS Capital’s foreign representative to return US$3 million collected in the United States and barred any further distributions from being made without the court’s order, for violating Section 1521(b) of the U.S. Bankruptcy code and “manipulating the Chapter 15 process to enrich themselves.”

Full article is available here