No. 25A777
Fairfield Sentry Ltd., et al. v. Citibank NA London, et al.
Tags: bankruptcy-code extraterritorial-application foreign-liquidators ponzi-scheme safe-harbor securities-settlement
Latest Conference:
N/A
Question Presented (from Petition)
Whether the Bankruptcy Code's "safe harbor" for securities settlement payments under 11 U.S.C. §546(e) applies extraterritorially to bar foreign common-law claims brought by foreign representatives under Chapter 15.
Question Presented (AI Summary)
Whether the extraterritorial application of the Bankruptcy Code's securities settlement 'safe harbor' provision under 11 U.S.C. §546(e) impermissibly bars foreign common-law claims brought by foreign liquidators seeking to recover fraudulently obtained investor proceeds
Docket Entries
2026-02-03
Application (25A777) granted by Justice Sotomayor extending the time to file until March 13, 2026.
2026-01-28
Application of Fairfield Sentry Ltd. (In Liquidation), et al. for a further extension of time submitted.
2026-01-28
Application (25A777) to extend further the time from February 13, 2026 to March 13, 2026, submitted to Justice Sotomayor.
2026-01-05
Application (25A777) granted by Justice Sotomayor extending the time to file until February 13, 2026.
2025-12-31
Application (25A777) to extend the time to file a petition for a writ of certiorari from January 14, 2026 to February 13, 2026, submitted to Justice Sotomayor.
Attorneys
Fairfield Sentry Ltd. (In Liquidation), et al.
Paul D. Clement — Clement & Murphy, PLLC, Petitioner