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Surabian v. Picard (In re Bernard L. Madoff Inv. Sec. LLC)

Surabian v. Picard (In re Bernard L. Madoff Inv. Sec. LLC)

Ruling
Bankruptcy court did not err in denying reconsideration of order for expungement of claims.
Issue(s)
Were appellants who filed claims against the estate of Bernard L. Madoff Investment Securities LLC entitled to reconsideration of the bankruptcy court order which expunged those claims on grounds that Madoff records did not show any evidence of appellants' investments?

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Commercial opinion summary, case decided on March 31, 2014 , LexisNexis #0714-042