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

Ruling: 
Madoff trustee's motion to propose second amended complaint was denied as he failed toplead that defendants turned a blind eye to debtor's highly probable fraud. (Bankr. S.D.N.Y.)
Issue: 
Liability of Transferee of Avoided Transfer; Limitations on Trustee’s Right to Recover
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Commercial case opionion summary, case decided on January 23,2020, LexisNexis #0320-017