Securities Investor Protection Corporation v. Bernard L. Madoff Investment Securities, LLC. et a

UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
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SECURITIES INVESTOR PROTECTION 	:
CORPORATION, 	: 	Adv. Proc. No. 08-01789 (SMB)
:
Plaintiff, 	: 	SIPA LIQUIDATION
:
-against- 	: 	(Substantively Consolidated)
:
BERNARD L. MADOFF INVESTMENT 	:
SECURITIES LLC, 	:
:
Defendant. 	:
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:
In re: 	:
:
BERNARD L. MADOFF, 	:
:
Debtor. 	:
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:
IRVING H. PICARD, trustee for the liquidation :
of Bernard L. Madoff Investment Securities 	: 	Adv. Proc. No. 10-04387 (SMB)
LLC 	:
:
Plaintiff, 	:
:
-against- 	:
:
JAMES LOWREY, et al., 	:
:
Defendants. 	:
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:
IRVING H. PICARD, trustee for the liquidation :
of Bernard L. Madoff Investment Securities 	: 	Adv. Proc. No. 10-04488 (SMB)
LLC 	:
:
Plaintiff, 	:
:
-against- 	:
:
SOUTH FERRY BUILDING CO., et al., 	:
:
Defendants. 	:
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:
IRVING H. PICARD, trustee for the liquidation :
of Bernard L. Madoff Investment Securities 	: 	Adv. Proc. No. 10-04350 (SMB)
LLC 	:
:
Plaintiff, 	:
:
-against- 	:
:
SOUTH FERRY #2 LP, et al., 	:
:
Defendants. 	:
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:
IRVING H. PICARD, trustee for the liquidation :
of Bernard L. Madoff Investment Securities 	: 	Adv. Proc. No. 10-05110 (SMB)
LLC 	:
:
Plaintiff, 	:
:
-against- 	:
:
UNITED CONGREGATIONS MESORA, et al., 	:
:
Defendants. 	:
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ERRATA ORDER
REPORT AND RECOMMENDATION TO THE DISTRICT COURT TO
GRANT THE PLAINTIFF’S MOTIONS FOR SUMMARY JUDGMENT,
DENY THE DEFENDANTS’ MOTIONS FOR SUMMARY JUDGMENT
AND ENTER MONEY JUDGMENTS IN FAVOR OF THE PLAINTIFF
A P P E A R A N C E S:
BAKER & HOSTETLER LLP
45 Rockefeller Plaza
New York, NY 10111
David J. Sheehan, Esq.
Keith R. Murphy, Esq.
Nicholas J. Cremona, Esq.
Robertson D. Beckerlegge, Esq.
Elyssa S. Kates, Esq.
Heather J. McDonald, Esq.
Anat Maytal, Esq.
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Maximillian S. Shifrin, Esq.
Of Counsel
Attorneys for Irving H. Picard, Trustee
for the Liquidation of Bernard L. Madoff
Investment Securities LLC
BAKER & MCKENZIE LLP
815 Connecticut Avenue, N.W.
Washington, D.C. 20006
Richard A. Kirby, Esq.
Laura K. Clinton, Esq.
Graham R. Cronogue, Esq.
Of Counsel
Attorneys for Defendants
SECURITIES INVESTOR PROTECTION CORPORATION
1667 K Street, N.W., Suite 1000
Washington, D.C. 20006
Josephine Wang, Esq.
Kevin H. Bell, Esq.
Nathanael S. Kelley, Esq.
Of Counsel
Attorneys for Securities Investor Protection
Corporation
STUART M. BERNSTEIN
United States Bankruptcy Judge:
ORDERED, that the Report and Recommendation to the District Court to Grant
the Plaintiff’s Motions For Summary Judgement, Deny the Defendants’ Motions For
Summary Judgment and Enter Money Judgments In Favor of the Plaintiff, dated
March 22, 2018, be changed as follows:
A. Page 8, line 21, which states “(see Order, dated Sept. 15, 2008 at ¶ IX (ECF Case
No. 08-01789 Doc. #” should be changed to state “(see Order, dated Dec. 15,
2008 at ¶ IX (ECF Case No. 08-01789 Doc. #”;
B. Page 13, line 21, which states “the New York Uniform Commercial Code
(“N.Y.U.C.C.) . . .” should be changed to state “the New York Uniform
Commercial Code (“N.Y.U.C.C.”) . . .”;
C. Page 15, line 16, which states “make as shown the in following chart . . .” should
be changed to state “make as shown in the following chart . . .”;
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D. Page 19, line 1, which states “This adversary proceeding was case number 200 on
Exhibit A” should be changed to state “This adversary proceeding was case
number 176 on Exhibit A”; and
E. Page 26, line 22, which states “The broker must calculate the amount of the
Reserve Account on a weekly basis” should be changed to state “The broker must
calculate the amount of the Customer Reserve Account on a weekly basis”.
Dated: New York, New York
March 26, 2018
/s/ Stuart M. Bernstein
STUART M. BERNSTEIN
United States Bankruptcy Judge
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