Unlicensed Atty Denied Privilege In Madoff Feeder Fund Suit

Law360, New York (July 8, 2013, 7:47 PM EDT) -- A New York federal judge on Monday ruled that communications between an unlicensed in-house lawyer at Citco Group Ltd.’s Dutch subsidiary and his employer are not privileged in multidistrict litigation targeting those who allegedly helped a feeder fund for Bernard Madoff funnel investors' money into the notorious Ponzi scheme.

U.S. Magistrate Judge Frank Maas granted the plaintiffs’ bid to overrule privilege objections from the various Citco defendants who instructed senior in-house lawyer for Citco Bank Nederland NV Renger Boonstra during a deposition not to answer certain...
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