The liquidation of Bernard L. Madoff Investment Securities LLC commenced on Thursday, December 11, 2008, in the United States District Court for the Southern District of New York. This date, Thursday, December 11, 2008, is the filing date for which all claims are valued.
Trustee
The court appointed Irving H. Picard as Trustee. The Trustee's website is available at http://www.madofftrustee.com. You may contact the Trustee at:
(888) 727-8695
Case
The liquidation of Bernard L. Madoff Investment Securities LLC is pending in the United States Bankruptcy Court for the Southern District of New York before Judge Stuart M. Bernstein under Case Number 08-01789-smb
Case News
Sixteenth Pro Rata Interim Distribution Will Bring Aggregate Customer Payout in Madoff Liquidation to Nearly $14.54 Billion
Aggregate Distributions Now Reach More Than $14.5 Billion
Fifteenth Pro Rata Interim Distribution Will Bring Aggregate Customer Payout in Madoff Liquidation to Nearly $14.43 Billion
Aggregate Distributions Now Reach More Than $14.38 Billion
Fourteenth Pro Rata Interim Distribution Will Bring Aggregate Customer Payout in Madoff Liquidation to More Than $14.36 Billion
Including SIPC Advances, Interim Distribution Will Bring Aggregate Customer Payout in Madoff Liquidation to More Than $14.27 Billion
Thirteenth Pro Rata Interim Distribution Will Bring Aggregate Customer Payout in Madoff Liquidation to Nearly $14.25 Billion
Aggregate Distributions Now Reach More Than $14.16 Billion
Twelfth Pro Rata Interim Distribution Will Bring Aggregate Customer Payout in Madoff Liquidation to More Than $14.12 Billion
Aggregate Distributions Now Reach More Than $13.93 Billion
Eleventh Pro Rata Interim Distribution Will Bring Aggregate Customer Payout in Global Madoff Liquidation to More Than $13.89 Billion
Settlement Delivers Immediate Benefit to BLMIS Customer Fund Of $860 Million
Aggregate Distributions Total More Than $12 Billion
Aggregate Distributions Total Approximately $11.9 Billion
Settlement Delivers Immediate Benefit to BLMIS Customer Fund of $280 Million - Domestic and Foreign Madoff "Indirect" Investors to Receive Benefits from Madoff Trustee's Distributions to Ascot Partners
Aggregate Distributions Total More Than $11.4 Billion
Madoff Trustee Has Recovered or Reached Agreements to Recover More Than $12.8 Billion To Date in BLMIS Liquidation, More Than $10 Billion Distributed to Madoff Victims To Date
Ninth Pro Rata Interim Distribution Will Bring Aggregate Customer Payout in Global Madoff Liquidation to Nearly $11.4 Billion
Madoff Trustee Has Recovered or Reached Agreements to Recover More Than $12.7 Billion To Date in BLMIS Liquidation; More Than $10 Billion Distributed to Madoff Victims
Approximately $11.6 Billion Recovered To Date in BLMIS Liquidation; Approximately $9 Billion Distributed to Madoff Victims
Joint press release from the offices of Irving H. Picard, SIPA Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS), and Stephen P. Harbeck, President and Chief Executive Officer of the Securities Investor Protection Corporation (SIPC)
Aggregate Distributions Total Approximately $9.72 Billion
Eighth Pro Rata Interim Distribution Will Bring Aggregate Customer Payout in Global Madoff Liquidation to More Than $9.72 Billion
$11.491 Billion Recovered for Madoff Victims to Date in BLMIS Liquidation
Immediate benefit to BLMIS Customer Fund Approximately $232 million
Aggregate Distributions Total Approximately $9.47 Billion
Seventh Interim Pro Rata Distribution Will Bring Aggregate Customer Payout in Global Madoff Liquidation to more than $9.45 Billion
Aggregate Distributions to Date Total Approximately $9.16 Billion
Supreme Court Decision Permits Request for Court Approval of Sixth Interim Pro Rata Distribution to Bring Aggregate Customer Payout in Global Madoff Liquidation to Approximately $9.13 Billion - Nearly 57 Percent of Losses Will Be Returned to Customers
Total BLMIS Customer Fund Recoveries & Agreements Will Now Be More than $10.874 Billion
Work of Trustee Picard Praised in New $93 Million Recovery Agreement Illustrating Importance of Issues Addressed in Petitions Before U.S. Supreme Court
Securities Investor Protection Corporation Urges Reversal of Decision Impeding Return of Funds Owed to Victims of Madoff Scheme
Madoff Trustee Irving H. Picard Announces Fifth Disbursement of $355.8 Million, Bringing Total to $7.2 Billion for Allowed Claimants
Herald Fund and Primeo Feeder Fund Recovery Agreement Adds Another $497 Million
Additional $351.6 Million Goes to Customers with Allowed Claims With Madoff Trustee�s Fourth Distribution.
Madoff Trustee's Third Distribution Sends Approximately $506.2 Million to Customers With Allowed Claims
Aggregate Distributions Will Reach Approximately $5.4 Billion
SIPC Advances Used to Facilitate Recovery of $9.1 Billion for Customers
Will Total Approximately $1.5 Billion-$2.4 Billion
Decision a Major Step Forward in Interest of Madoff Victims, Defendants Will Pay $162 Million to Trustee Over Five Years
New Settlements Increase Initial, Interim Pro Rata Distribution to Approximately $312 Million
Cash Payments of more than $1 Billion to be made to BLMIS Customer Fund; Settlement Structure Facilitates Future Recovery Distributions to Feeder Fund Investors
2.6 Billion to be Allocated to Customer Fund; Initial, Interim Pro Rata Distribution of Approximately $272 Million to BLMIS Customers; Appeals of Picower, Levy Settlements and Net Equity Prevent Larger Payments
Multi-Billion Dollar Settlement To Benefit Madoff's Victims Is Largest Single Forfeiture Recovery In U.S. History
Agreements Allow Charities to Continue Good Works
Settlement Significantly Increases Potential Future Recoveries and Customer Fund Payouts
Victims, Other Investors Cautioned Against Providing Information Via Web Site; Bogus Claims Made About Recovering "$1.3 Billion Discovered in Madoff Hideout"
BLMIS Payouts Now in the Works Exceed the Total of All 321 Previous Proceedings Since Start of SIPC in 1970; In Madoff Case, the Number of Determined Claims Nears 3,000.
Sum of Commitments Exceeds the Total SIPC Protection Extended in 11 Largest Liquidations; Trustee Picard Makes It Easier For Last-Minute Filers.
As of Memorial Day, Over $116 Million in Commitments Made So Far to Satisfy 237 Madoff Claimants
Trustee Madoff, SIPC President Harbeck Provide Update on Liquidation Proceeding
Trustee Announces Winning Bid Of Up To $25.5 Million For Madoff Market Maker Business
Special Toll-Free Phone Line Provided for Creditors Unable to Attend in Person
March 4th and July 2nd Deadlines Set for Claim Filings
Claim Form Mailing in Madoff Liquidation to Proceed on or before January 9, 2009
Trustee Appointed By Court; SIPC Taking Action to Protect Customer Assets.
