Aozora Bank Ltd. v. Securities Investor Protection Corp.
District Court, S.D. New York
1Opinion of the Court
*119 OPINION & ORDER
DENISE COTE, District Judge.
Investors in various “feeder funds” that invested in Bernard L. Madoff Investment Securities, LLC (“BLMIS”) appeal from a Decision of the Honorable Burton R. Lif-*120land, Bankruptcy Judge, in the BLMIS liquidation proceedings (the “Decision”) denying their claims. Sec. Investor Prot. Corp. v. Bernard L. Madoff Inv. Sec. LLC, 454 B.R. 285 (Bankr.S.D.N.Y.2011). Because these investors do not qualify as “customers” under the plain language of the Securities Investor Protection Act (“SIPA”), 15 U.S.C. § 78aaa et seq., the Decision is affirmed.
BACKGROUND
The…
2Cases cited16 opinions
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3Cited by9 opinions
- Securities Investor Protection Corp. v. Bernard L. Madoff Investment Securities LLCUnited States Bankruptcy Court, S.D. New York · 2012
- Kruse v. Securities Investor Protection Corp.Court of Appeals for the Second Circuit · 2013
- Securities Investor Protection Corp. v. Bernard L. Madoff Investment Securities LLC (In re Madoff Securities)District Court, S.D. New York · 2013
- Securities Investor Protection Corp. v. Bernard L. Madoff Investment Securities LLCUnited States Bankruptcy Court, S.D. New York · 2013
- Securities Investor Protection Corp. v. Bernard L. Madoff Investment Securities LLC (In re Madoff)District Court, S.D. New York · 2013
4 more not listed; retrieve them via the Exa API.