Goldman Sachs v. Bayou
Published on:
October 20, 2011
SIFMA submitted an Amicus “Friend of the Court” Brief.
Court:
U.S. Court of Appeals
(Second Circuit)
Amicus Issue:
Whether a securities broker that credits deposits to a customer’s own account thereby becomes an “initial transferee” of those deposits, such that the deposits may be voidable as fraudulent transfers under the Bankruptcy Code.
Counsel of Record:
Sidley Austin LLP
Henry F. Minnerop
Other Amici:
None