5th Circuit Won’t Rehear Ruling Reversing Litigation Bar Order Against Liquidators

( September 24, 2024, 11:43 AM EDT) -- NEW ORLEANS — A Fifth Circuit U.S. Court of Appeals panel denied panel rehearing and rehearing en banc of its August opinion finding that a federal district judge lacked personal jurisdiction to bar two liquidators who were appointed by an Antiguan court to collect assets related to a massive Ponzi scheme from bringing future claims related to the scheme against a Swiss bank that reached a settlement with the receiver appointed in the United States to oversee Ponzi assets....