In Re Bayou Hedge Funds Investment Litigation

How courts have described this case

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

• dismissing unjust enrichment claims brought by hedge fund’s investors against law firm retained by hedge fund because “the payment by [the hedge fund] of operating expenses (such as legal fees
• dismissing unjust enrichment claim because the use of misappropriated funds to pay operating expenses did not “confer a ‘direct’ and ‘specific’ benefit on [the defendant] at the expense of plaintiffs”

Source: CourtListener parenthetical corpus (CC0).