Securities Inv. Prot. Corp. v. Bernard L. Madoff Inv. Sec. LLC
Mar
28
2023
Ruling
Madoff trustee sufficiently pled the initial transferees had actual knowledge that the debtor was not trading securities, which made the safe harbor inapplicable. (Bankr. S.D.N.Y.)
Issue(s)
Limitations on Avoiding Powers; Margin or Settlement Payments.
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Court
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