IN RE MADOFF

Nos. 10 Civ. 4652(JGK), 10 Civ. 7101(JGK), 10 Civ. 7219(JGK), 11 Civ. 1298(JGK), 11 Civ. 1328(JGK).

848 F.Supp.2d 469 (2012)

In re Bernard L. MADOFF, Debtor, Adele Fox and Susanne Stone Marshall, Appellants, v. Irving H. Picard, Appellee, Securities Investor Protection Corporation, Intervenor.

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

March 26, 2012.


Attorney(s) appearing for the Case

John H. Drucker , Nolan Edward Shanahan , Cole, Schotz, Meisel, Forman & Leonard, P.A., Helen Davis Chaitman , Becker & Poliakoff, P.A., Peter William Smith , Phillips Nizer LLP, New York, NY, for Appellants.

Keith R. Murphy , Tracy Lynn Cole , David J. Sheehan , Deborah Hilarie Renner , Baker & Hostetler LLP, New York, NY, Jennifer A. Vessells , Baker & Hostetler LLP, Columbus, OH, for Appellee.


OPINION AND ORDER

JOHN G. KOELTL, District Judge:

These consolidated bankruptcy appeals arise out of the multi-billion dollar Ponzi scheme orchestrated by Bernard L. Madoff ("Madoff"), and the subsequent bankruptcy of Bernard L. Madoff Investment Securities LLC ("BLMIS") in the wake of the public revelation of that scheme. The appellants Adele Fox and Susanne Stone Marshall (collectively, the "Appellants") each invested money in BLMIS. After the bankruptcy...

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