Madoff Feeder Liquidator Seeks $65M In Latest Round Of Suits

Law360, New York (April 4, 2012, 6:47 PM EDT) -- The foreign representative charged with recovering allegedly fraudulent transfers for Fairfield Sentry Ltd. filed nine new adversary proceedings in the Bernard Madoff feeder fund's bankruptcy proceedings Wednesday, seeking to claw back more than $65.5 million.

Kenneth Krys, who is in charge of winding down Fairfield Sentry, Fairfield Sigma Ltd. and Fairfield Lambda Ltd. in a British Virgin Islands proceeding, filed the complaints in New York against Albemar Participation Ltd., Barclays Bank SA Madrid, Jared Trading Ltd./BVI and six others in his quest to claw back money...
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