Bankruptcy Litigation
CRAWFORD, WISHNEW & LANG represents clients in bankruptcy-related litigation and adversary proceedings, including prosecuting and defending fraudulent transfer and preference claims, complex fiduciary matters and business disputes, and objections to discharge, as well as collateral litigation involving debtors, creditors, and other third-parties. Using business acumen and forward-thinking strategies, we work tirelessly to ensure that your rights are enforced and protected within the bankruptcy framework. Our representations include:
-A creditor, Wellness International Network, Ltd., in an adversary proceeding against a debtor in a case in which we obtained a favorable judgment invalidating a trust and denying the debtor a discharge. The judgment was affirmed by the United States Supreme Court in Wellness International Network, Ltd. v. Sharif, 135 S.Ct. 1932 (2015), which confirmed as precedent that Article III of the Constitution permits consent to bankruptcy court jurisdiction.
-A liquidating trust in a case in which attorneys prosecuted fraud and contract claims with damages in excess of $75 million. Obtained a favorable settlement following jury selection.
-A liquidating trust in a case in which attorneys prosecuted avoidance and fraud claims against the controlling entity, as well as the entity's former directors and officers. Obtained a favorable settlement.
-The defendant in a fraudulent transfer action brought by federal equity receiver Ralph S. Janvey in his capacity as court-appointed receiver for The Stanford International Bank, Ltd. Secured a take-nothing jury verdict on behalf of the client.