January, 2022

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Securities Investor Protection Act (SIPA) Trustee Recovers “Fictitious Profits” from an Investor

ABI

American Bankruptcy Institute Law Review Staff. . In In re Bernard L. Madoff Investment Securities LLC , a bankruptcy court in the Southern District of New York held that Irving Picard, Trustee for Bernard L. Madoff Investment Securities LLC (BLMIS) and Bernard L. 1] See In re Bernard L. July 2, 2021).