In Re Dublin Securities, Inc., Debtors. Myron N. Terlecky, Trustee v. Dwight I. Hurd

How courts have described this case

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

• rejecting public policy argument in holding that legal malpractice claim was barred because the plaintiff was in pari delicto
• dismissing complaint upon finding that the complaint conceded the debtors' instrumental role in perpetrating fraud on investors
• doctrine of in pari delicto bars a trustee from bringing a claim against the third party investors who benefitted from a Ponzi scheme
• defense of in pari delicto available only when defendants are less culpable than the plaintiff

Source: CourtListener parenthetical corpus (CC0).