Trustee for Liquidation of Bernard L. Madoff Investment Securities Files Motion to Allocate Recovered Monies to the …Irving H. Picard, the Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC filed a motion today in the United States Bankruptcy Court for the Southern District of New York seeking approval to allocate $2.6 billion of recovered monies to the BLMIS Customer Fund and to make an initial, interim distribution of approximately $272 million from the Customer Fund to BLMIS …
Published May 4, 2011.
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