Fund failures and the administration that follows.

Disputes following a fund failure or enforcement action turn on the reconstruction of records: offering documents, subscription agreements, trade records and the tracing of assets. This is the discipline of receivership, applied twice under federal court appointment.

Background

Twice appointed receiver by the United States District Court in enforcement actions brought by the Securities and Exchange Commission and the Federal Trade Commission. Counsel to the receiver in a state court receivership involving $50 million in losses, and in a federal hedge-fund fraud receivership involving $80 million in losses.

Typical matters

• Investor claims against funds, sponsors and advisers
• Disputes over offering documents and subscription agreements
• Clawback, preference and tracing disputes following a fund failure
• Receivership claims administration and priority disputes