Kohn, Madoff Family Members Freed From $49M UK Suit

By Eric Hornbeck (October 18, 2013, 5:59 PM EDT) -- A U.K. judge Friday exonerated Austrian banker Sonja Kohn, several members of Bernard Madoff's family and others for their roles in the notorious Ponzi scheme, tossing an "unfounded" $49 million lawsuit from the liquidators of Madoff's British operations after a five-week hearing in London.

Justice Andrew Popplewell said that Kohn, who had a longtime association with Madoff through Bank Medici AG, Madoff's son Andrew, his son Mark who killed himself in 2010 and several directors of London-based Madoff Securities International Ltd. weren't responsible for the multibillion-dollar Ponzi scheme that has left Madoff serving a 150-year sentence.

"Their honesty and integrity has...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!