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On June 10, 2009, Judge Burton Lifland allowed Picard's request to consolidate two court proceedings—those involving the liquidation of Bernard L. Madoff Investment Securities LLC, brought by Securities Investor Protection Corporation (SIPC) and Madoff's involuntary personal-bankruptcy case, claiming "it was virtually impossible to separate ...
The agreement gives the city 30 years instead of 20 to catch up on payments that were deferred during Detroit's bankruptcy 10 years ago. The retirement system investment committee and board had ...
A bankruptcy judge in the United States is a federal judicial officer who presides over a bankruptcy court. Bankruptcy judges are officers of the district court in which their bankruptcy court is located, but do not have the full power of district court judges. [1] As of 2023, there were 298 bankruptcy judges in authorized positions along with ...
Matthew James Maddox (born 1977) [1] is an American lawyer from Maryland who has served as a United States district judge of the United States District Court for the District of Maryland since 2023. He previously served as a United States magistrate judge of the same court from 2022 to 2023.
A handful of federal judges appointed by Democrats have put off retirement plans in the wake of President-elect Trump’s election victory, raising questions about the ethics of their decisions as ...
Jones has been the most active bankruptcy judge in the U.S. since January 2016, overseeing 11% of all Chapter 11 bankruptcies involving more than $100 million in liabilities, according to data ...
The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. [1] In December of that year, Bernie Madoff, the former Nasdaq chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion-dollar Ponzi scheme.
A U.S. judge has blocked a Department of Labor rule from taking effect that would have expanded the types of retirement advisers who are considered fiduciaries, finding the rule was arbitrary and ...