Representative Cases

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1. Federal Trade Commission v. Nia Cano, et al: The firm is general counsel to the Receiver of the assets of Credit Development Internationa(CDI) and Drivers through the use of the internet and direct mailings. The Receiver was appointed by the Federal Trade Commission to take control of the business and assets of CDI and DSN, recover assets, and propose and administer a plan of redress for more than 30,000 victims. The firm has assisted the Receiver in recovering and liquidating assets, analyzing, proposing and administering a plan of redress, and preparing necessary reports to the court. In connection with the plan of redress, the firm filed objections with the Court to more than 100 claims filed against the Receivership. The firm has coordinated the payment of claims to more than 15,000 claimants.

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2. United States v. Yasuyoshi Kato, et al.: The firm was a general counsel to the Receiver of the assets of Yasuyoshi Kato, his wife Doris Beiler-Hozumi, and their children and affiliates. Mr. Kato pleaded guilty to embezzling more than $60 million from a subsidiary of a Japanese company. The Receiver was appointed to assist in the identification, recovery, and liquidation of assets. With the firm's assistance, the Receiver recovered and liquidated assets totaling more than $8 million.

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3. In re Bruce McNall and Affiliates: The firm is general bankruptcy counsel to the chapter 7 trustee. Financial institutions have claimed losses in excess of $200 fraudulent transfer and other claims on behalf of the trustee. The firm filed claims to set aside McNall's pre-bankruptcy transfer of the Los Angeles Kings hockey franchise, and the trustee recovered $7.25 million pursuant to a court approved settlement of that litigation. The firm conducted a two-week trial of fraudulent transfer and related claims against one of McNall's former lenders, First Los Angeles Bank, and obtained a judgment against the bank for more han $2 million. (That judgement is on appeal.) he firm also assisted the trustee in obtaining a preliminary injunction against McNall's spouse and in recovering approximately $1 million from her pursuant to a court approved settlement. The firm also assisted the trustee in obtaining a preliminary injunction and writs of attachment against Suzan Waks, one of McNall's co-defendants. Waks had transferred her assets into an offshore family trust. The Trustee ultimately recovered $1.7 million from Waks pursuant to a court approved settlement. The firm also assisted the trustee in liquidating McNall's assets, including his Holomby Hills mansion, his collection of rare sports memorabilia, and his race horses. The firm is continuing to represent the trustee in connection with the administration of the estate.

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4. In re Robert Masket: The firm was special bankruptcy counsel to the chapter 7 trustee. The firm was hired to investigate the existence of offshore funds of the Debtor that were not disclosed on the Debtor's schedules. GR&M identified funds held in Switzerland, and successfully recovered in excess of $1.7 million. Additionally, GR&M prepared a report to the United States Attorney in obtaining an indictment against the Debtor and the Debtor's extradition from Mexico following his arrest. The Debtor pled guilty to bankruptcy fraud and has been sentenced to prison.

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5.In re Michael Ribant dba Trinity Capital: The firm is general counsel to the Securities Investor Protection Act. The firm has assisted SIPC in determining victim claims, and is presently analyzing claims that may be brought to recover damages from third parties that assisted the broker dealer in his embezzlement scheme.

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6.First Securities Corp: This case resulted from a $30 million Ponzi scheme operated by a Beverly Hills broker-dealer that was a member of SIPC. At SIPC’s request, a member of the firm become the SIPC trustee of the broker-dealer and the firm became counsel to the trustee. The firm determined hundreds of claims and filed numerous objections to claims. Those objections resulted in at least one appeal to the Ninth Circuit, which was decided in the trustee’s favor. The firm administered in excess of $6million in SIPC payments to victims of the scheme. Additionally, members of the firm assisted the U.S. Attorney’s office in administering a victim’s restitution fund created with assets seized from the principals of the broker-dealer.

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7.In re Kimila Ann Basinger: The firm was general bankruptcy counsel to the chapter 7 trustee. The firm was required to assist the trustee in liquidating and multi-million dollar real estate development partnership in Georgia, a state chartered bank, and numerous other the other assets, liabilities and claims. The firm’s activities resulted in the recovery of more than $4 million in assets, the reduction of the $8 million claim of Main Line estate’s assets, liabilities and claims.

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8.Triad America, Newedge, and Affiliates:This matter involved multiple bankruptcy flings of affiliates of international arms-dealer Adnan Khashoggi. A member of the firm was appointed as bankruptcy examiner to investigate tens of millions of dollars of losses, and ultimately identified and filed a report explaining losses of approximately $89 million and claims against off-shore affiliates of the Khashoggi family. A member of the firm thereafter was appointed special counsel to the bankruptcy trustee of another Khashoggi affiliate and assisted that trustee in freezing and recovering approximately $30 million from a Liechtenstein affiliate of the Khashoggis.

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9.In reAmerican Resource Corporation: All of the members of the firm served as general and/or special litigation counsel to the chapter 7 trustee. Members of the firm conducted a detailed fraud investigation and analysis to identify $39 million in funds transferred into and out of the Debtor and related companies. The members of the firm ultimately settled fraudulent transfer litigation that resulted in a recovery to the estate of more than $3 million.

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10.City Overseas Bank: The defendants in civil litigation created a fraudulent overseas bank, which they used for the purpose of issuing fraudulent cashier’s checks and other instruments of payment. The defendants used these instruments to make loans to third parties, who prepaid the loan fees and interest, and to purchase various commodities that the defendants then immediately resold for less than cost, but at 100 percent profit. A member of the firm was instrumental in uncovering the fraudulent scheme, and assisted federal and local authorities in obtaining evidence that resulted in fraud convictions and in the recovery of fraudulently procured assets and the proceeds thereof for the benefit of various victims. These efforts were undertake in California, Louisiana, Florida, and the Caribbean.

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11.Intermagnetics America, Inc. and Affiliates: Insiders of the debtors engaged in a world class-wide fraudulent scheme that involved bank and bankruptcy fraud. Bank creditors claimed losses of more than $60 million to banking institutions and government entities. Members of the firm were instrumental in uncovering aspects of the fraud perpetrated in the United States, England, The Netherlands, and The People’s Republic of China, and in facilitating criminal convictions in the United States. Members of the firm were involved in asset location and recovery efforts in Dubai, India, England, Ireland, Germany, Finland, the Channel Islands, the Caribbean, Canada, Hong Kong, Thai