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Amicus Briefs

In re: Bernard L. Madoff Investment Securities

Summary

Court:
U.S. Court of Appeals

(Second Circuit)

Amicus Issue:
Whether, in a SIPA liquidation, a subsequent transferee’s good faith under Section 550(b) should be decided under a subjective willful blindness standard or an inquiry notice standard.  Whether, in such a proceeding, the burden of pleading a lack of good faith is appropriately placed on the trustee.

Counsel of Record:
Wachtell, Lipton, Rosen & Katz

Emil A. Kleinhaus

Other Amici:
American Bankers Association

PDF

Related Committee(s)

  • Amicus & Litigation Advisory Committee

Date

12

November

2020

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