Posts Tagged ‘SIPC Update’

Updated Madoff.com

In Documents, Helpful Information on January 8, 2009 at 11:27 pm

http://www.madofftrustee.com/ Is now updated with a lot more information

On December 15, 2008, the Honorable Louis L. Stanton, a Federal Judge in the United States District Court for the Southern District of New York, appointed Irving Picard as Trustee for the liquidation of Bernard L. Madoff Investments Securities LLC (“BLMIS”) pursuant to the Securities Investor Protection Act (“SIPA”) as set forth in the attached order. LINK

Mr. Picard supersedes Lee S. Richards, the previously appointed Receiver for BLMIS and all claims by customers of BLMIS will be processed by Mr. Picard as SIPA Trustee.

On December 23, 2008 the bankruptcy court entered an order authorizing the Trustee to mail customer claim packages and other claim information and to publish notice of the SIPA proceeding on or before January 9, 2009. That order also fixed February 20, 2009 as the date for a meeting of creditors. LINK

Beginning January 2, claims packages were mailed to investors/customers, broker-dealers, and general creditors. Claim forms and related materials are available for downloading on this site LINK and at SIPC.ORG. You may also request a copy via mail by providing your name, street address, and telephone number to 888-727-8695, or click here to submit a request for a Claims Package.

Claims will be determined by the Trustee and a written determination of any “customer” claim will be mailed by the Trustee to the claimant. To be allowed under the Securities Investor Protection Act, a “customer” claim must be supported by the books and records of BLMIS or otherwise established to the satisfaction of the Trustee.

Mr. Richards continues to serve as Receiver for Madoff Securities International Ltd. pursuant to the attached order. LINK

The Trustee Irving Picard has engaged Lazard Frères & Co. LLC to assist in the sale of the market making and proprietary trading operations of Bernard L. Madoff Investment Securities LLC.

Should you have further questions, please contact the Trustee at the following number: 888-727-8695, or via email at Email General Questions.