POST-TRIAL FINDINGS OF FACT AND CONCLUSIONS OF LAW DENYING APPLICATION FOR PARTIAL REFUND OF PRIOR SETTLEMENT PAYMENTS
STUART M. BERNSTEIN, Bankruptcy Judge.
At an early stage in this liquidation under the Securities Investor Protection Act ("SIPA"), Irving H. Picard, SIPA trustee (the "Trustee") of the estate of Bernard L. Madoff Investment Securities LLC ("BLMIS"), entered into a settlement agreement with Optimal Strategic U.S. Equity Ltd. ("SUS") and...
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