Madoff Investors Seek Status To Access Victim Funds

Law360, New York (October 17, 2011, 4:10 PM EDT) -- Investors in 16 funds that funneled money into Bernard L. Madoff's massive Ponzi scheme asked a New York federal court on Friday to reverse a bankruptcy court's ruling that found them ineligible to receive money recovered for the imprisoned fraudster's victims.

The investors filed a brief urging the court to overturn U.S. Bankruptcy Judge Burton Lifland's ruling that because they didn’t directly hold accounts with Bernard L. Madoff Investment Securities LLC, they could not access the money recovered for Madoff's customers by Madoff bankruptcy trustee Irving...
To view the full article, register now.




Case Information

Case Title

In Re: Bernard L. Madoff Investment Securities, LLC

Case Number



New York Southern

Nature of Suit

Bankruptcy Appeal (801)


Denise L. Cote

Date Filed

September 20, 2011

Law Firms

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.