Bankruptcy Judge Orders Initial Distribution Of Funds To BLMIS Customers
NEW YORK – A federal judge on July 12 granted a motion filed by the liquidation trustee for Bernard L. Madoff Investment Securities LLC (BLMIS) to disburse funds to more than 1,000 BLMIS customers who lost their investments in the Ponzi scheme (Securities Investor Protection Corp. v. Bernard L. Madoff Investment Securities LLC, No. 08-1789, [In re: Bernard L. Madoff Investment Securities LLC], S.D. N.Y. Bkcy.).
View full post on LexisNexis® Mealey’s™ Daily Legal News
bankruptcy, BLMIS, Customers, Distribution, Funds, Initial, Judge, Orders