Bankruptcy Judge: Peregrine Trustee May Subpoena Financial Companies

Bankruptcy Judge: Peregrine Trustee May Subpoena Financial Companies

CHICAGO - In a one-page order issued Aug. 7, the federal bankruptcy judge presiding over the Chapter 7 bankruptcy of Peregrine Financial Group Inc. granted the trustee authority to subpoena various financial institutions that did business with Peregrine before its demise (In Re: Peregrine Financial Group Inc., No. 12-27488, N.D. Ill. Bkcy.) Subscribers may view the order available within the full article.

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