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Company Breached Arbitration Agreement by Refusing to Pay Arbitration Expenses

USA - May 12 2017 Businesses, especially those dealing directly with consumers, have routinely sought to bind their customers to an arbitration remedy in the event of a…

Federal court dismisses investors’ claims against auditors of Madoff feeder funds

USA - July 29 2010 Yet another decision has held that the auditors of a fund that invested with Madoff may not be held liable to the investors of the feeder fund.

Fallout from the Home Mortgage Crisis: Lender Claims Property Appraisers Are Liable for Lost Collateral Value

USA - February 9 2017 A unit of Wilmington Savings Fund Society, FSB, acting as the trustee of a mortgage loan trust (“Trustee”), has rung in the New Year by filing nine…

Court-appointed accounting expert cannot be sued for negligence

USA - February 23 2010 A New Jersey court has held that an accountant retained by the court to perform a forensic analysis of the expenditures made by a fiduciary has absolute immunity from liability to the parties in the lawsuit.

Madoff’s brother may be liable in New Jersey securities case

USA - February 23 2010 The Federal District Court in New Jersey has ruled that a charity defrauded in the Madoff Ponzi scheme may bring claims against Bernard Madoff's brother, Peter Madoff.