Securities Investor Prot. Corp. v. Bernard L. Madoff Invs. Servs.
May
04
2012
Ruling
Bankruptcy court could enjoin transferee's Cayman Islands suit regarding return of funds.
Procedural posture
Transferee challenged a decision of the U.S. Bankruptcy Court for the Southern District of New York, which enjoined the transferee and its agents from participating in an action in the Grand Court of the Cayman Islands and from filing any further proceedings against appellee trustee, the bankruptcy estate, or the estate's assets in any domestic or extraterritorial jurisdiction without first obtaining leave of the bankruptcy court.
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Court
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