352 Capital GP LLC v. Wear et al

  1. August 30, 2024

    Water Vending Machine Co. Pushed Into Ch. 11 In Texas

    Creditors of the Washington state water vending machine company Water Station Management LLC have filed an involuntary Chapter 11 petition in Texas bankruptcy court, citing at least $7.4 million in debt, as the company also faces a suit alleging it bilked investors out of more than $100 million through a Ponzi scheme.

  2. August 13, 2024

    Fund Manager Seeks Del. Legal Fee Rulings In Ponzi Fight

    Attorneys for a former hedge fund manager now entangled in wide-ranging Ponzi scheme allegations urged a Delaware vice chancellor on Tuesday toward quick action on his legal fee indemnification claims, citing "great risk" from mounting personal liability exposure.