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Madoff, In re--Sec. Investor Prot. Corp. v. Bernard L. Madoff Inv. Sec. LLC

Madoff, In re--Sec. Investor Prot. Corp. v. Bernard L. Madoff Inv. Sec. LLC

Ruling
Court sustained trustee's determination of the claims at zero as the claimant waived anyobjection to the treatment of "PW" transactions in the LLC's accounts as cash withdrawals.(Bankr. S.D.N.Y.)
Issue(s)
Use, Sale, or Lease of Property; Protection for Good Faith Purchasers.

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Consumer opinion summary, case decided on July 27, 2018 , LexisNexis #0918-007