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 under federal and state court appointment.

Background

Receivership appointments by federal and state courts, including enforcement actions brought by the Securities and Exchange Commission and the Federal Trade Commission. Counsel to receivers in state and federal receivership matters.

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