Bankruptcy Judge Allows Most Of Trustee's Claims In Ponzi-Related Case To Stand

NEW YORK - A bankruptcy judge on Dec. 19 granted in part and denied in part the motion to dismiss a Chapter 11 trustee's adversary complaint seeking to recover more than $137 million in fraudulent transfers arising from a Ponzi scheme (In re: Dreier LLP, No. 08-15051, Chapter 11, [Sheila M. Gowan, Chapter 11 trustee for the estate of Dreier LLP v. Westford Asset Management, et al., No. 10-5447], S.D. N.Y. Bkcy.; 2011 Bankr. LEXIS 4848). View today's headlines and listen to the latest podcast at www.lexisnexis.com/legalnews Do you have news to share? Interested in writing a commentary article? Email the Mealey News Desk at Mealeys@LexisNexis.com Full story on lexis.com