Madoff trustee seeks $3.6 billion from funds
Legal News Center
The court-appointed trustee hunting for money to pay investors who lost billions of dollars in Bernard Madoff's Ponzi scheme has sued more than two dozen entities related to a New York-based hedge fund.
Trustee Irving Picard filed papers in U.S. Bankruptcy Court in Manhattan late Tuesday to recover $3.6 billion that he said can be traced to the Fairfield Greenwich Group, two dozen affiliates and its founding partners.
The filing added numerous defendants to a lawsuit that earlier named three Fairfield Greenwich funds.
Fairfield Greenwich in a statement said Picard's filing was filled with "false, misleading and rehashed accusations."
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Grounds for Divorce in Ohio - Sylkatis Law, LLC
A divorce in Ohio is filed when there is typically “fault” by one of the parties and party not at “fault” seeks to end the marriage. A court in Ohio may grant a divorce for the following reasons:
• Willful absence of the adverse party for one year
• Adultery
• Extreme cruelty
• Fraudulent contract
• Any gross neglect of duty
• Habitual drunkenness
• Imprisonment in a correctional institution at the time of filing the complaint
• Procurement of a divorce outside this state by the other party
Additionally, there are two “no-fault” basis for which a court may grant a divorce:
• When the parties have, without interruption for one year, lived separate and apart without cohabitation
• Incompatibility, unless denied by either party
However, whether or not the the court grants the divorce for “fault” or not, in Ohio the party not at “fault” will not get a bigger slice of the marital property.