The Martin Act ‘Shield’ and Private Fraud Actions

By Adam Leitman Bailey and John M. Desiderio On Dec. 20, 2011, the New York Court of Appeals, in Assured Guaranty (UK) LTD v. J.P. Morgan Investment Management Inc.1 finally put to rest a see-saw controversy that, for nearly a quarter century, had engendered much litigation in both the lower state courts and in the … Continue reading The Martin Act ‘Shield’ and Private Fraud Actions