Second Circuit Allows Avoidance Actions Against Foreign Transferees in Madoff Proceeding

On February 25, 2019, the U.S. Court of Appeals for the Second Circuit vacated the bankruptcy court’s dismissal of avoidance actions brought by Irving Picard, the trustee (Trustee) for the liquidation of Bernard L.

Filed under:
USA, Insolvency & Restructuring, Litigation, Skadden Arps Slate Meagher & Flom LLP, U.S. Court of Appeals
Authors:
Ron E. Meisler , Carl T. Tullson , Matthew D. Beebe
Location:
USA
Firm:
Skadden Arps Slate Meagher & Flom LLP