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Second Circuit Restricts Ability of SIPA Trustee to Bring Common Law Claims Against Third Parties

On June 28, 2013 by Schnader in Finance

By Christian Sheehan In its latest decision arising out of the Bernard Madoff Ponzi scheme, the Second Circuit recently held in In re Bernard L. Madoff Investment Securities LLC that the trustee responsible for liquidating Madoff’s investment firm (BLMIS) under the Securities Investor Protection Act was barred from asserting tort claims […]

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