Beginning Of The End Of Picard's Madoff Miracle?

Law360, New York (June 6, 2014, 10:28 AM EDT) -- In the latest battle in the war over the redistribution of earnings as between the "net winners" and "net losers" in Bernie Madoff's Ponzi scheme, a group of investors has prevailed in proceedings in the Southern District of New York that established the standard required to show whether the investors took earnings out of the scheme in "good faith" (and can therefore retain them), and which side bears the burden to prove it....

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