Update On Madoff ‘Net Equity’ Hearing

An excellent summary of yesterday’s bankruptcy court hearing in the Madoff case by Noeleen Walder for the New York Law Journal is available online, and required reading for anyone interested in keeping track of the arguments. 

The Law Journal article is available

at http://www.law.com/jsp/nylj/PubArticleNY.jsp?id=1202441883391&src=EMC-Email&et=editorial&bu=New%20York%20Law%20Journal%20&pt=New%20York%20Law%20Journal%20Legal%20Alert&cn=legal%20alert%2002%2F03%2F10&kw=Free%3A%20Trustee%2C%20Madoff%20Investors%20Spar%20Over%20Payout%20Calculation. Our post from yesterday can be found at http://www.financialfraudlaw.com/lawblog/%E2%80%98net-equity%E2%80%99-hearing-madoff-today-%E2%80%93-it-20-billion-or-65-billion-fraud-and-why-it-matters/696.