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SIPC. v. BERNARD L. MADOFF INV. SECURITIES LLC

Adversary Nos. 08-01789 (BRL), 11-02732 (BRL).

480 B.R. 501 (2012)

In re SECURITIES INVESTOR PROTECTION CORPORATION, Plaintiff-Applicant v. BERNARD L. MADOFF INVESTMENT SECURITIES LLC, Defendant. In re Bernard L. Madoff, Debtor. Irving H. Picard, Trustee for the Liquidation of Bernard L. Madoff Investment Securities LLC, Plaintiff, v. Bureau of Labor Insurance, Defendant.

United States Bankruptcy Court, S.D. New York.

October 11, 2012.

Attorney(s) appearing for the Case

Baker & Hostetler LLP, By: David J. Sheehan , Thomas L. Long , Mark A. Kornfeld , Regina Griffin , Torello Calvani , Michelle Kaplan , Catherine Woltering , Constantine P. Economides , New York, NY, for Irving H. Picard, Esq., Trustee for the Substantively Consolidated SIPA Liquidation of Bernard L. Madoff, Investment Securities LLC and Bernard L. Madoff.

Lowenstein Sandler PC, By: Michael B. Himmel , Amiad M. Kushner , Jamie R. Gottlieb, New York, NY, for Bureau of Labor Insurance.

MEMORANDUM DECISION AND ORDER DENYING BLI'S MOTION TO DISMISS THE TRUSTEE'S COMPLAINT

BURTON R. LIFLAND, Bankruptcy Judge.

Before the Court is the motion (the "Motion to Dismiss") of the Taiwanese Bureau of Labor Insurance ("BLI") seeking to dismiss the complaint (the "Complaint") of Irving H. Picard, Esq. (the "Trustee"), trustee for the substantively consolidated Securities Investor Protection Act1 ("SIPA") liquidation...

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