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

Mar

2022

11 U.S.C.

Ruling:

Trustee was entitled to avoid and recover fictitious profits received by a partnership onaccount of its investment in the Madoff Ponzi scheme as the property was "customer property"prior to the transfer. (Bankr. S.D.N.Y.)

Issue:

Fraudulent Transfers and Obligations; Elements of Fraudulent Transfers; Avoidable

ABI Membership is required to access the full summary of Madoff, In re--Securities Investor Prot. Corp. v. Bernard L. Madoff Inv. Secs. LLC. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Court: Judge or Jurisdiction information not available

Consumer case opionion summary, case decided on March 09,2022, LexisNexis #0522-019

LexisNexis Article