Bear, Stearns Securities Corp. v. Gredd (In Re Manhattan Investment Fund Ltd.)

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that a transfer must “further a Ponzi scheme” for the presumption to apply
• stating that transferee was required to demonstrate that it “was diligent in its investigation of the Fund,” which was later disclosed to be a Ponzi scheme
• noting that “[cjertain transfers may be so unrelated to a Ponzi scheme that the presumption should not apply”
• noting that “[c]ertain transfers may be so unrelated to a Ponzi scheme that the presumption should not apply”
• noting that \[c]ertain transfers may be so unrelated to a Ponzi scheme that the presumption should not apply\
• noting that the court must determine \whether the transfers at issue were related to a Ponzi scheme\ before it can apply the Ponzi presumption

Source: CourtListener parenthetical corpus (CC0).