United States Second Circuit
In Re: Bernard L. Madoff Investment Securities LLC, 12-1645
The bankruptcy court's permanent injunction, enjoining state law tort actions brought by plaintiffs, two of Madoff's defrauded "investors," against the estate of one of Madoff's alleged co-conspirators, and related defendants is affirmed, where: 1) plaintiffs' complaints impermissibly attempt to "plead around" the bankruptcy court's injunction barring all claims "derivative" of those asserted by the Trustee; and 2) the bankruptcy court did not exceed the bounds of its authority under the Bankruptcy Code or run afoul of Article III of the United States Constitution.
Appellate Information
- Decided 01/13/2014
- Published 01/13/2014
Judges
- CABRANES
Court
- United States Second Circuit