Judge Denies Court Transfer For Madoff Feeder Funds

Law360, New York (July 27, 2011, 9:25 PM EDT) -- A New York federal judge on Wednesday refused to transfer from bankruptcy court claims filed by the trustee overseeing Bernard L. Madoff's securities firm's liquidation against two feeder funds listed as defendants in a $550 million clawback case against UBS AG.

U.S. District Judge Colleen McMahon, who earlier this month accepted a transfer of trustee Irving Picard's claims against UBS in both that suit and another seeking $2 billion, denied a request from Luxembourg Investment Fund and Landmark Investment Fund Ireland to withdraw the bankruptcy reference...
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Case Information

Case Title

Picard v. UBS Fund Services (Luxembourg) SA


Case Number

1:11-cv-04212

Court

New York Southern

Nature of Suit

Bankruptcy Withdrawal

Judge

Colleen McMahon

Date Filed

June 21, 2011


Case Title

Irving H. Picard v. UBS AG et al


Case Number

1:11-cv-04213

Court

New York Southern

Nature of Suit

Bankruptcy Withdrawal

Judge

Colleen McMahon

Date Filed

June 21, 2011

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