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SEC. INV. PROTECTION v. BERNARD L. MADOFF

No. 12-mc-115 (JSR).

513 B.R. 222 (2014)

SECURITIES INVESTOR PROTECTION CORPORATION, Plaintiff, v. BERNARD L. MADOFF INVESTMENT SECURITIES LLC, Defendant. In re Madoff Securities. Pertains to: Consolidated proceedings on extraterritoriality issues.

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

Signed July 6, 2014.

Attorney(s) appearing for the Case

Kevin H. Bell , Nathanael Stephen Kelley , Securities Investor Protection Corporation, Andrew M. Grossman , Lee A. Casey , David B. Rivkin , Baker & Hostetler LLP, Lauren Attard , SIPC, Washington, DC, David J. Sheehan , Oren J. Warshavsky , Nicholas J. Cremona , Baker & Hostetler LLP, Howard L. Simon , Windels, Marx, Lane and Mittendorf LLP, New York, NY, for Plaintiff.

Fred H. Perkins , Michael Richard Dal Lago , Morrison Cohen Singer & Weinstein, LLP, New York, NY, for Defendant.

OPINION AND ORDER

JED S. RAKOFF, District Judge.

The question here presented is whether section 550(a)(2) of the Bankruptcy Code applies extraterritorially in the context of this proceeding. Specifically, Irving H. Picard (the "Trustee"), the trustee appointed under the Securities Investor Protection Act ("SIPA"), 15 U.S.C. §§ 78aaa-78lll, to administer the estate of Bernard L. Madoff Investment...

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