'Cash In/Cash Out' Pooh-Poohed In Madoff Ch. 11 Case
Their arguments, in the U.S. Bankruptcy Court for the Southern District of New York, were countered by the defunct firm's liquidation trustee and attorneys for two federal agencies, who characterized the Madoff-issued documents as "totally fictitious."
The sides are fighting over the “net equity” question, an issue that some estimate has...
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