Madoff Feeder Fairfield Goes On Recovery Rampage

Law360, New York (March 7, 2011, 6:59 PM EST) -- Fairfield Sentry Ltd., Bernard L. Madoff's largest feeder fund, filed 57 New York federal court suits over a three-day span last week in a litigation binge aimed at recovering $3 billion the fund must turn over to Madoff's trustee.

Among the largest single targets of the litigation, all filed in the U.S. Bankruptcy Court for the Southern District of New York, were Koch Investments (UK) Ltd. and a unit of the former Fortis Bank, now a unit of BNP Paribas.

Sentry, which is engaged in a...
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