Indemnification Counterclaim Should Be Dismissed, Hedge Funds Liquidators Assert

Mealey's (September 21, 2020, 2:04 PM EDT) -- NEW YORK — The liquidators for two hedge funds respond in a Sept. 17 answer that a New York federal court should dismiss an indemnification counterclaim brought by a former member of Platinum Management (NY) LLC in the liquidators' dispute over the collapse of the funds as a result of a number of schemes (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.)....