Goldman Sachs v Bayou
Published on:
August 5, 2010
SIFMA has submitted an Amicus “Friend of the Court” Brief
Court:
U.S. District Court
(S.D.N.Y.)
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
787 Seventh Avenue
New York, NY 10019
Henry F. Minnerop
Daniel A. McLaughlin