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    Articles Asset Recovery Cayman Islands Featured Fraud Investment Liquidations & Insolvencies USAOctober 15, 2011

    Offshore hedge fund likely to appeal US ruling that it must dismiss Cayman action regarding Madoff fraud

    mm
    By
    12 years ago

    Topics

    Asset Recovery Cayman Islands Fraud Investment Liquidations & Insolvencies
    USA
    [ 1 more... ] [ top 5 ]

    Keywords

    Bernard Madoff Burton Lifland Irving Picard

    Highlights

    • Maxam Absolute Return Fund wants Cayman Action stayed, not dismissed
    • U. S. Bankruptcy Judge had called Cayman Action "a clear attack on this Court's exclusive jurisdiction" and "a thinly-veiled effort to forum-shop"

    Related Content

    Offshore hedge fund Maxam Absolute Return Fund, Ltd. has stated is "likely to appeal" a court order in the U. S. that it must discontinue a complaint it filed at the Grand Court of the Cayman Islands against Irving Picard, as Trustee for the Liquidation of Bernard L. Madoff Investment Securities LLC.

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