| Richard Merel v. Kevin Duff |
Recent Precedential Slip Opinions from the U.S. Circuit Courts of Appeals.
Friday, November 30, 2012
Seventh Circuit -- Richard Merel v. Kevin Duff (11/29)
In repaying funds lost to fraud, courts have discretion to use the 'rising tide' or the 'net loss' method. That is, they can try to give back what was lost, or they can try to apportion evenly that which was recovered.
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Compiled by D.E. Frydrychowski, who is, not incidentally, not giving you legal advice.
Category tags above are sporadically maintained Do not rely. Do not rely. Do not rely.
Author's SSRN page here.