No. 25-1089
Fairfield Sentry Ltd., et al. v. Citibank NA London, et al.
Tags: bankruptcy-code chapter-15 extraterritorial-application foreign-liquidators ponzi-scheme securities-safe-harbor
Latest Conference:
N/A
Question Presented (from Petition)
Whether the Bankruptcy Code's safe harbor for securities settlement payments, 11 U.S.C. §546(e), applies extraterritorially to prevent foreign liquidators from pursuing foreign statutory and common-law claims that would be cognizable in foreign courts.
Question Presented (AI Summary)
Whether the Bankruptcy Code's safe harbor for securities settlement payments, 11 U.S.C. §546(e), applies extraterritorially to prevent foreign liquidators from pursuing foreign statutory and common-law claims that would be cognizable in foreign courts
Docket Entries
2026-04-13
Motion to extend the time to file a response is granted and the time is extended to and including May 28, 2026.
2026-04-10
Motion of Murdoch and Company, Robinson and Company, HSBC Bank USA, N.A., Somers Nominees (Far East) Limited, HSBC Private Bank (Suisse) S.A., HSBC Securities Services (Luxembourg) SA, HSBC Private Bank (C.I.) Limited, HSBC International Trustee Limited, HSBC Institutional Trust Services (Asia) Limited, Republic Nominees Limited, Banco Nominees 2 (Guernsey) Limited, HSBC Bank Bermuda Limited, HSBC Latin America Holdings (UK) Limited, BNY AIS Nominees Ltd., BNY Mellon International Ltd., PFPC International Bank Limited, PNC International Bank Ltd. for an extension of time submitted.
2026-04-10
Motion to extend the time to file a response from April 16, 2026 to May 28, 2026, submitted to The Clerk.
2026-03-13
Petition for a writ of certiorari filed. (Response due April 16, 2026)
2026-02-03
Application (25A777) granted by Justice Sotomayor extending the time to file until March 13, 2026.
2026-01-28
Application (25A777) to extend further the time from February 13, 2026 to March 13, 2026, submitted to Justice Sotomayor.
2026-01-05
Application (25A777) granted by Justice Sotomayor extending the time to file until February 13, 2026.
2025-12-31
Application (25A777) to extend the time to file a petition for a writ of certiorari from January 14, 2026 to February 13, 2026, submitted to Justice Sotomayor.
Attorneys
Fairfield Sentry Ltd. (In Liquidation), et al.
Paul D. Clement — Clement & Murphy, PLLC, Petitioner
Murdoch and Company, Robinson and Company, HSBC Bank USA, N.A., Somers Nominees (Far East) Limited, HSBC Private Bank (Suisse) S.A., HSBC Securities Services (Luxembourg) SA, HSBC Private Bank (C.I.) Limited, HSBC International Trustee Limited, HSBC Insti