March 24, 2023
Deutsche Bank Securities Inc. has told a New York federal judge that it has reached a deal with a pair of former Bernie Madoff feeder funds to settle Deutsche Bank's claim the funds reneged on their pledge to sell the bank $1.6 billion in bankruptcy claims.
March 29, 2021
A New York federal judge on Friday denied a bid by former Bernie Madoff feeder funds to end Deutsche Bank Securities Inc.'s lawsuit accusing them of breaching a 2011 agreement to sell the bank's bankruptcy claims that were once worth $1.6 billion, finding that the bank's allegations are sufficient to proceed.