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BVI Court hands down preliminary issues decision in claims brought by liquidators of Bernard Madoff

September 2011 - Corporate & Commercial. Legal Developments by Ogier .

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"feeder fund"

On 16 September 2011 judgment was handed down by the BVI Commercial Court in a number of cases that have been brought by the liquidators of Fairfield Sentry Limited (“Fairfield”), a "feeder fund" into Bernard L Madoff Investment Securities Limited (“BLMIS”), against a number of investors that historically redeemed out of the fund (the "Fairfield judgment"). 

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