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NEW YORK - A federal judge in New York on Feb. 12 ruled that the liquidation trustee for Bernard L. Madoff Investment Securities LLC (BLMIS) may use a portion of the Bankruptcy Code to avoid making customer payments to a number of defendants that are...

WILMINGTON, Del. - Bankrupt Overseas Shipholding Group Inc. (OSG) on Jan. 15 filed an adversary complaint in the U.S. Bankruptcy Court for the District of Delaware, seeking a declaration that the automatic stay applies to litigation against its current...

NEW YORK - Customers of Bernard L. Madoff Investment Securities LLC (BLMIS) are not entitled to bring a securities class action lawsuit against the estate of a former BLMIS investor that is subject to a $7.2 billion settlement agreement with BLMIS's...

WASHINGTON, D.C. - The U.S. Supreme Court on June 25 decided not to hear two separate but related appeals of a Second Circuit U.S. Court of Appeals ruling that the method used by the liquidation trustee of Bernard L. Madoff Investment Securities LLC ...