In Re Bernard L. Madoff Inv. Securities LLC

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• concluding that “extensive media coverage” of the case was insufficient to place putative defendants on constructive notice
• finding a common course of conduct where fraudulent transfers were made from a pool of corporate funds operated as a “piggy bank” for the personal use of insiders
• granting leave to amend and finding relation back for additional transfers, reasoning that the additional transfers being made as part of the same Ponzi scheme was sufficient common factual ground to provide the defendant with notice
• “[A]llegations in the Original Complaint . . . gave reasonable notice that the Trustee was still uncovering additional transfers . . . .”
• “the Trustee sets forth the [new avoidance claims] under the same legal theories as the ones set forth in the Original Complaint . . . including that [the debtor] was engaged in a Ponzi scheme and made the Transfers with the actual intent to defraud its creditors.”

Source: CourtListener parenthetical corpus (CC0).