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

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

Ruling
Defendants who actually knew that debtor was running a Ponzi scheme were not entitled tothe protections of the safe harbor. (Bankr. S.D.N.Y.)
Issue(s)
Limitations on Avoiding Powers; Margin or Settlement Payments.

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Commercial opinion summary, case decided on September 22, 2022 , LexisNexis #1122-088