August 08, 2014
The Second Circuit on Friday refused to let the Bernard L. Madoff Investment Securities LLC trustee derail New York state's $410 million settlement with Madoff feeder fund manager J. Ezra Merkin, finding little indication the deal would sap money belonging to the bankruptcy estate.
October 10, 2013
New York's attorney general on Thursday asked the Second Circuit to bless his $410 million settlement with Madoff feeder fund manager J. Ezra Merkin, arguing that the bankruptcy trustee recovering money for Madoff investors brought a challenge too late.