Madoff Litigation – Feeder Fund Rulings – Luxemborg and Florida
Kevin LaCroix at the D & O Diary blog recently provided this post highlighting two recent rulings on "feeder fund" claims arising from the Madoff fraud. Those claims are where money will be gathered, or not.
A Florida opinion allowed the claim to survive a motion to dismiss, but a Luxemborg opinion dismissed the claim. Kevin also provides a link to his list collecting Madoff litigation citations and case numbers.