The Securities and Exchange Commission (SEC) seeks to reopen its case against Renwick Haddow.
The proposal was made on April 24, 2025, to the South provincial court of New York. The purpose of the case is to reopen the terms of the existing freezing of the asset.
The Commission filed her complaint on this issue on June 30, 2017.
On August 7, 2017, the court issued a preliminary order, continuing, among other things, the asset that freezes Haddow. The Freeze Asset command requires Haddow and all institutions or persons acting on his behalf to “keep and maintain their control and to prevent another way … to any withdrawal, transfer, promise, burden, assignment, dissemination, concealment or other mood … the placement) “.
On September 10, 2019, the court introduced a ruling on Haddow to resolve the suspension of the Commission requested, but leaving the issue of monetary relief for subsequent resolution. On December 5, 2019, the court called on the court official to close the case.
On July 27, 2016, about eleven months before the committee lodged her complaint, Haddow’s assets were bankrupt in the United Kingdom. The common managers were appointed to the bankruptcy estate. According to joint managers, according to the United Kingdom Law, the existing Haddow assets automatically guaranteed to one of the common managers on that date.
The common managers have identified two assets – a villa in Corfu, Greece and another in Marrakech, in Morocco – that Haddow acquired before starting the previous one of the fraudulent programs claiming in the complaint and that the common managers are seeking to sell it.
The common administrators have taken the place that the funds they used to buy real estate could not come from the victims of the fraud mentioned above in the complaint and that the property was properly deposited with one of the common managers before the Commission lodged its complaint.
The common administrators further expressed their concern that the order to freeze the Court of Appeal may exclude the sale of property. For this reason, common managers asked the sec “to confirm that the sec is doing[es] not to oppose the implementation and realization of the villa[s] For the benefit of bankruptcy. ”
Therefore, the Commission seeks to amend the order of freezing assets to chart the real estate from the scope of the order so that the common administrators can sell for the benefit of bankruptcy.
Haddow has admitted guilty in a relative criminal case. His conviction is scheduled for June 18, 2025.