Greenspon v. Hurwitz

By Judge Bruce D. White

This matter came before the Court on September 26,2014, for argument on Defendant Hurwitz’s Motion for Summary Judgment. At the conclusion of the hearing, the Court took the matter under advisement. The Court is confronted with a single issue in deciding the motion: pursuant to AHT Associates, L.L.C.’s (“AHT”) Operating Agreement, should AHT utilize the Capital Account Method or the Net Investment Method in distributing a settlement from Madoff Securities to AHT’s Members. The parties agree that the matter is appropriate for Summary Judgment on the record before the…