Picard Ex Rel. Bernard L. Madoff Investment Securities LLC v. Chais (In Re Bernard L. Madoff Investment Securities LLC)

How courts have described this case

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

• recognizing that negligence or intentional wrong may render trustee personally liable
• “{T]he Trustee, whose powers and duties are established by the federal Bankruptcy Code . . . , is not plausibly a state actor.”
• “The Court cannot impose liability on the Trustee for carrying out his duties in good faith and based on his business judgment.”
• “While the elements for tortious interference with business relations are similar to the elements for tortious interference with a contract, a plaintiff must show more culpable conduct on the part of the defendant.”

Source: CourtListener parenthetical corpus (CC0).