Judge Won't Strike Affidavits In Madoff Feeder Fund Row

Law360, Los Angeles (September 18, 2013, 4:35 PM EDT) -- A New York state judge refused to strike affidavits submitted by Bernard Madoff's longtime business associate Frank Avellino in a suit alleging he fraudulently put investors' money into feeder funds for Madoff's Ponzi scheme, saying Tuesday the affidavits don't address the case's relevant issues.

New York Supreme Court Judge O. Peter Sherwood said the affidavits submitted by Avellino and an expert testifying on his behalf don't discuss Avellino's relationship with Madoff and Bernard L. Madoff Investment Securities.

"It is not clear that Avellino's refusal to respond...
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