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Sec. Inv. Prot. Corp. v. Bernard L. Madoff Inv. Secs. LLC

Sec. Inv. Prot. Corp. v. Bernard L. Madoff Inv. Secs. LLC

Ruling
Motion to dismiss avoidance proceeding based on grounds of good faith required a factintensive inquiry not appropriate to resolve at early stage of litigation. (Bankr. S.D.N.Y.)
Issue(s)
Liability of Transferee of Avoided Transfer.

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Commercial opinion summary, case decided on November 03, 2023 , LexisNexis #0124-013