United States Second Circuit

Shares of stock transferred to a company that defrauded the transferor and other victims, can be included in the receivership estate of the defrauding company for purposes of pro rata distribution to the victims.

Appellate Information

• Decided 05/09/2002
• Published 05/09/2002

Judges

• JON O. NEWMAN, Circuit Judge., Before WALKER, Chief Judge, JON O. NEWMAN, and KEARSE, Circuit Judges.

Court

• United States Second Circuit

Counsel

• For Appellant:
  
• Donald L. Kahl,Hall, Estill, Hardwick, Gable, Golden & Nelson, P.C., Tulsa, OK (T. Lane Wilson, Tulsa, OK;  William A. Maher, Frederick R. Kessler, Daniel S. Goldsmith, Wollmuth Maher & Deutsch, LLP, New York, N.Y. on the brief), for Intervenor-Plaintiff-Appellant.


• For Appellees:
  
• Carl H. Loewenson, Jr., Morrison & Foerster, LLP, New York, N.Y. (Charles L. Kerr, Oliver Metzger, Andrew J. Fields, Eleonore Dailly, New York, N.Y., on the brief), for Receiver-Appellee., Tom Karr, Securities and Exchange Commission, Washington, D.C. (David M. Becker, Gen. Counsel, Richard M. Humes, Assoc.   Gen. Counsel, Melinda Hardy, Asst. Gen. Counsel, Meyer Eisenberg, Deputy Gen. Counsel, Washington, D.C., on the brief), for Plaintiff-Appellee., Joel W. Sternman, Rosenman & Colin LLP, New York, N.Y.;  Joel A. Mullin, Stoel Rives LLP, Portland, OR, submitted a brief for Intervenors-Plaintiffs-Appellees Robert Praegitzer, et al.