Fairfield Trustee Loses Bid To Undo $230M Madoff Claim Sale
U.S. District Judge Alvin Hellerstein said he would not allow Fairfield trustee Kenneth Krys to back away from a deal in which it sold its claim against Madoff to Farnum Place LLC, an entity owned by hedge fund The Baupost Group.
Krys agreed to take about 32 cents...
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