Karen Maxwell Wagner

Citi Can't Bow to Pressure and Flout Court Order

• , Citibank's lawyer Karen Wagner told the 2nd Circuit that the injunction put a "gun to our head" by subjecting their Buenos Aires subsidiary to possible civil, administrative and even criminal penalties for violations of Argentinean law.
• Date: Mar 12, 2015
• Category: Business
• Source: Google

Bad omen for Argentina and Citibank in their appeal over bond payments

• Citigroup faces regulatory and criminal sanctions by Argentina, which was declared in selective default in July, if it cannot process the 5 million payment by Sept. 30, said Karen Wagner, Citigroup's lawyer.
• Date: Sep 19, 2014
• Category: Business
• Source: Google

Mets Owners Ask U.S. Judge to Dismiss Madoff Trustee's $386 Million Suit

• Wilpon and Katz contend they should be allowed to keep the$386 million. Picard isnt entitled to a trial because he hasntproved what Rakoff said he was supposed to, Karen Wagner, alawyer for the Mets owners said in a court filing this month.
• Date: Feb 23, 2012
• Category: Sports
• Source: Google

• Rakoff asked attorney Karen Wagner, arguing for the Mets owners, why Harrington's testimony was not potential evidence of willful blindness, a legal standard that must be met before Picard can succeed in his claims.
• Date: Feb 23, 2012
• Category: Sports
• Source: Google

Mets Ruling Pares Picard Case, Leaving Main $1 Billion Claim

• The trustee is reviewing Rakoffs decision and declined to comment prior to a thorough evaluation, said Amanda Remus, a Picard spokeswoman. Karen Wagner, a lawyer for Wilpon and Katz, didnt immediately respond to an e-mail seeking comment.
• Date: Sep 27, 2011
• Category: Business
• Source: Google

Mets Owners Say Madoff Trustee Lacks Proof They Knew of Fraud

• Karen Wagner, an attorney for owners Fred Wilpon and Saul Katz, argued to U.S. District Judge Jed Rakoff that the trustee, New York lawyer Irving Picard, has failed to show evidence they ignored red flags that should have alerted them to Madoffs fraud.
• Date: Aug 20, 2011
• Category: Business
• Source: Google

Madoff Case Against Mets' Owners Likely to Proceed

• A lawyer for the Mets owners, Karen Wagner, argued that under laws in effect before the Ponzi scheme was revealed in late 2008, withdrawals that her clients made of assets Mr. Madoff had listed on brokerage statements should not have to be returned, even though the statements were phony and no money
• Date: Aug 19, 2011
• Category: Business
• Source: Google

Bingham Helps Einhorn Make Mets Deal

• lready own. Davis Polk senior counsel Robert Fiske, Jr., who is handling Madoff-related litigation with partners Karen Wagner and David Caplan, advised Wilpon on that matter along with former partner Lewis Kaden. (Kaden is now vice-chairman of Citigroup, the sponsor of the Mets's new 41,800-seat stadium.
• Date: May 26, 2011
• Category: Sports
• Source: Google