Madoff Trustee Could Lose Venue Fight In $60B Kohn Suit

Law360, New York (May 31, 2011, 8:30 PM EDT) -- A recovery trustee for Bernard L. Madoff victims may lose his choice of venue for a $60 billion fraud suit originally lodged in New York bankruptcy court against Austrian financier Sonja Kohn, a bank and others allegedly complicit in the Ponzi scheme.

U.S. District Judge Jed S. Rakoff said in a hearing Tuesday that he intended to take on at least part of the suit rather than allow it to be litigated in a bankruptcy court, where the trustee, Baker Hostetler's Irving Picard, has filed hundreds...
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Case Information

Case Title

Irving H. Picard v. Sonja Kohn et al

Case Number



New York Southern

Nature of Suit

Bankruptcy Appeal (801)


Jed S. Rakoff

Date Filed

February 21, 2011

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