Attorneys

Jeffrey W. Dulberg

Practices

Avoidance Actions and Claims Litigation
Trustees & Receivers

First Lenders’ Indemnity

The firm represented the trustee in the bankruptcy case of First Lenders Indemnity Corporation. First Lenders raised $80 million from investors purportedly to acquire automobile loans. In the course of their investigation, the firm and the trustee discovered that First Lenders was running a Ponzi scheme. The firm promptly commenced litigation to recover cash, real property, and other assets that the debtor had transferred to insiders and affiliates. The firm also litigated disputed liens affecting over $40 million of cash and automobile finance contracts.