Bruce Marks is invited to speak at the XIII St. Petersburg International Legal Forum held on May 19-21, 2025

Bruce Marks, Managing Member of Marks & Sokolov, LLC, is invited to speak at the XIII St. Petersburg International Legal Forum held on May...

Marks & Sokolov, LLC Terminates Its Engagement by Ye (Kanye West)

Marks & Sokolov, LLC has terminated its engagement by Ye (Kanye West).  The firm condemns anti-Semitic statements and conduct in all forms,...

Thomas Sullivan speaks at the Offshore Disputes Week, Cayman Islands

Thomas Sullivan, senior attorney at Marks &Sokolov, LLC speaks on March 24th-26th at the Offshore Disputes Week, Cayman Islands. More than 100...

Lessons that May be Learned from Failed Transactions and a Proposal for Owners of Aircraft and Yachts on the OFAC SDN List

While it is possible to buy a grounded Russian owned aircraft if the owner and the aircraft are not on the OFAC SDN List (the U.S. Office of Foreign...

Bruce Marks, Managing Member of Marks & Sokolov, LLC, speaks at the XII St. Petersburg International Legal Forum held on June 26-28, 2024

Bruce Marks, Managing Member of Marks & Sokolov, LLC, is invited to speak at the XII St. Petersburg International Legal Forum held on June...

$7,695,000 Claim Against Kanye 2020 Presidential Campaign Successfully Dismissed

Marks & Sokolov attorneys Bruce Marks and Tom Sullivan successfully obtained dismissal under Fed.R.Civ.P. 12(b)(6) of a $7,695,000 claim against...

MS Lawyers Succeed in Freezing $6 Million in Assets in West Virginia

by | Nov 7, 2013 | Results

What the Case Involved:
Marks & Sokolov attorneys filed a RICO (Racketeer Influenced and Corrupt Organizations Act) claim in Federal court in West Virginia against foreign defendants who maintained assets in the West Virginia Bankruptcy Court. Those assets were scheduled to be paid out of a bankruptcy proceeding. If this were to occur, the defendants may not be able to pay any judgment rendered in the case.
Result:
Using a West Virginia pre-judgment arrest statute, Marks & Sokolov attorneys obtained a preliminary injunction seizing over $6 million in assets. With the injunction in place, the assets will not be distributed to the defendant. Instead they will remain in the bankruptcy court and out of the defendant’s reach while Marks & Sokolov attorneys continue to litigate the matter.

Юристы «Маркс и Соколов» успешно заморозили активы компании в размере $6млн. в штате Западная Вирджиния
Описание дела:

Юристы «Маркс и Соколов» подали иск RICO (Акт об Организациях Подверженных Рэкету и Коррупции) в Федеральный суд штата Западная Вирджиния в отношении иностранного ответчика, удерживавшего свои активы в суде штата Западная Вирджиния по делам о несостоятельности. Эти активы должны были быть выплачены по процедуре банкротства, в случае чего ответчик был бы не в состоянии осуществить какие-либо иные выплаты согласно вынесенным судебным решениям.

Итоги:

Воспользовавшись законодательным актом штата Западная Вирджиния о предварительном аресте, юристы «Маркс и Соколов» добились предварительного решения суда об аресте более $6млн. из этих активов. Таким образом, активы не будут предоставлены ответчику, а останутся в распоряжении Суда по делам о несостоятельности. Лишив ответчика доступа к активам, юристы «Маркс и Соколов» продолжают вести судебное разбирательство по данному делу.