Legal Opinion
R.J. Zayed v. Associated Bank, N.A.
Court of Appeals for the Eighth Circuit
Decided January 10, 2019No. 17-1250PublishedCited by 37 opinions
1Opinion of the Court
GRASZ, Circuit Judge.
Over a period of several years, a group of scammers based in Minnesota swindled investors out of more than one hundred million dollars in a prolific Ponzi scheme utilizing numerous business entities. A receiver 1 was appointed to take charge of what assets remained in the business entities that were used to perpetrate the scheme and to recover any assets he could for the victims of the fraud. The Receiver sued Associated Bank, N.A., which provided banking services to some of the scammers' entities, accusing the bank of aiding and abetting the Ponzi scheme. At issue in…
2Cases cited12 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Barber v. C1 Truck Driver Training, LLCCourt of Appeals for the Eighth Circuit · 2011
- Witzman v. Lehrman, Lehrman & FlomSupreme Court of Minnesota · 1999
- Geoffrey Varga v. U.S. Bank National AssociationCourt of Appeals for the Eighth Circuit · 2014
- Jon A. CAMP, Appellant, v. Robert J. DEMA, James R. Millwee, Alexander Mitchell, and James Kidder, AppelleesCourt of Appeals for the Eighth Circuit · 1991
7 more not listed; retrieve them via the Exa API.
3Cited by37 opinions
- Cornell McKay v. City of St. LouisCourt of Appeals for the Eighth Circuit · 2020
- David McConnell v. Anixter, Inc.Court of Appeals for the Eighth Circuit · 2019
- Singleton v. Ark. Hous. Auths Prop. & Cas. Self-Insured Fund, Inc.Court of Appeals for the Eighth Circuit · 2019
- Allan M. Schreier v. Drealan Kvilhaug Hoefker & Co.Court of Appeals for the Eighth Circuit · 2021
- Al-Sabah v. World Business Lenders, LLCDistrict Court, D. Maryland · 2020
32 more not listed; retrieve them via the Exa API.