9 Summary Judgment Motions Filed In Hedge Fund Liquidators’ Fraud Lawsuit

(February 19, 2020, 12:48 PM EST) -- NEW YORK — Nine summary judgment motions were filed Feb. 14 in a New York federal court lawsuit brought by the liquidators of two hedge funds over the defendants’ role in “one of the most spectacular hedge fund collapses”; the defendants generally argue in the motions that the broad allegations against them do not support claims for fraud, breach of fiduciary duty and aiding and abetting (In re Platinum-Beechwood Litigation, No. 18-6658, Martin Trott, et al. v. Platinum Management [NY] LLC, et al., No. 18-10936, S.D. N.Y.)....