Richard Hughes
New Member
- Jurisdiction
- New York
Hi,
I started work in May 2017 in London. Before starting work I found out that the beneficial owner of the company I was starting work for had a 7 figure judgement against him in New York and as a result had left the USA.
In subsequent conversations with the beneficial owner (who had no official title in the firm but was clearly the boss) I found out that he still had assets in the United States. This conversation was outside the workplace and had no relevance to the company I was working in or the work we did.
The assets would be very difficult to find for the owner of judgement unless he knew where to start looking.
I am due to finish my work in the company next month. My plan would be to approach the creditor to buy the judgement and then use what the debtor told me about his assets to crystallize the value of the judgement.
What I would like to know is
1) Would I be breaking any law by using information given to me by the owner of a firm who is the debtor?
2) Is a New York judgement easily enforceable in other states
I started work in May 2017 in London. Before starting work I found out that the beneficial owner of the company I was starting work for had a 7 figure judgement against him in New York and as a result had left the USA.
In subsequent conversations with the beneficial owner (who had no official title in the firm but was clearly the boss) I found out that he still had assets in the United States. This conversation was outside the workplace and had no relevance to the company I was working in or the work we did.
The assets would be very difficult to find for the owner of judgement unless he knew where to start looking.
I am due to finish my work in the company next month. My plan would be to approach the creditor to buy the judgement and then use what the debtor told me about his assets to crystallize the value of the judgement.
What I would like to know is
1) Would I be breaking any law by using information given to me by the owner of a firm who is the debtor?
2) Is a New York judgement easily enforceable in other states