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Deutsche Bank Securities Inc. v. Kingate Global Fund Ltd et al
Case Number:
1:19-cv-10823
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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March 24, 2023
Deutsche Bank Settles Suit Over $1.6B In Madoff Claims
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.
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March 29, 2021
Ex-Madoff Funds Can't Ditch Deutsche Bank's Contract Fight
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.