News

Firm News March 6, 2016

Ny Times: Bounty Hunter Tracks Chinese Companies That Dupe Investors Bnn- Business News Network- Wall Street’s ‘Bounty Hunter’ Targets Chinese Executives That Dupe Investors.

Robert W. Seiden is a Wall Street bounty hunter. He tracks down executives of Chinese companies that listed on stock exchanges in the United States…

Firm News February 29, 2016

U.S. Court Orders China Businessman Jailed For Defying Court-Appointed Receiver And Judge’s Order To Cede Control Of The Company To The Receiver

Sino Clean Energy Inc. (NASDAQ “SCEI”) In an unprecedented and potentially ground-breaking ruling to hold a Chinese company accountable for harming investors by going dark…

Firm News January 20, 2016

Abakan, Inc. And Mesocoat, Inc. Receivership Is Resolved By Court-Approved Transaction_ Receiver Worked With Parties To Resolve Disputes Resulting In Satisfaction And Assignment Agreement And New Mesocoat Ownership Structure

On January 4, 2016, Abakan and MesoCoat entered into a Satisfaction and Assignment Agreement (the “Satisfaction Agreement”) with secured creditors George Town, SA (“George Town”) and Sonoro…

Firm News November 25, 2015

Unsecured Creditors Of Abakan, Inc. File Involuntary Chapter 11 In Florida; Secured Creditor Moves To Dismiss Against Abakan And Mesocoat, Inc. Or To Alternatively Convert Abakan Filing To A Chapter 7. Proposed Settlement Offers Being Considered By Receiver And To Be Publicly Addressed At Federal Court Fairness Hearing On December 16th, 2015 In New York.

NEW YORK, Nov. 25, 2015 /PRNewswire/ — On November 5, 2015, certain creditors of Abakan, Inc. (OTC US: ABKI) (“Abakan”) and certain creditors of MesoCoat, Inc. (“MesoCoat”) filed a…

Firm News September 25, 2015

Robert W. Seiden appointed receiver over Abakan, Inc. by federal judge of New York

Robert W. Seiden, Esq. was appointed Receiver over publicly traded company Abakan, Inc. (OTC US: ABKI) by the Honorable Judge Denise Cote in federal court in Manhattan today. Abakan, Inc.…

Firm News August 26, 2015

U.S. Court-Appointed Receiver Victorious Over Sino Clean Energy’s Former Chairman Baowen Ren In Getting His Unauthorized Bankruptcy Filing Dismissed

Robert W. Seiden, Esq., Court-Appointed Receiver (“Receiver”) of Sino Clean Energy, Inc. (“SCEI”) has successfully beaten back Baowen Ren, the former chairman of SCEI, in…