MADOFF SECURITIES INTERNATIONAL LIMITED Bankruptcy Filing
Case Number: 09-12998
MADOFF SECURITIES INTERNATIONAL LIMITED filed a 15 chapter bankruptcy in the Southern District of New York bankruptcy court on April 14, 2009. This is a voluntary filing; it was assigned the bankruptcy case number #09-12998.
MADOFF SECURITIES INTERNATIONAL LIMITED Filing Information
The bankruptcy petition for MADOFF SECURITIES INTERNATIONAL LIMITED showed assets in the range of $100MM - $500MM with liabilities in the range of more than $1B. MADOFF SECURITIES INTERNATIONAL LIMITED reports that the number of creditors is in the range of 1-49.
The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.
MADOFF SECURITIES INTERNATIONAL LIMITED indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.
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MADOFF SECURITIES INTERNATIONAL LIMITED Docket Header
PENAP |
Southern District of New York (Manhattan)
Bankruptcy Petition #: 09-12998-brl
Assigned to: Judge Burton R. Lifland Chapter 15 Voluntary Asset |
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Foreign Representative Madoff Securities International Limited, Stephen John Akers, Mark Richard Byers, and Andrew Laurence as the Joint Provisional Liquidators 12 Berkeley Street, Mayfair Mayfair London England EC2A 1AG England |
rep. by |
Eric L. Lewis
Baach Robinson & Lewis, PLLC 1201 F Street NW Suite 500 Washington, DC 20004 (202) 833-8900 Fax : (202) 466-5738 Email: eric.lewis @ baachrobinson.com Tina M. Talarchyk Squire, Sanders & Dempsey LLP 1900 Phillips Point West 777 South Flagler Drive West Palm Beach, FL 33401-6198 (561) 650-7261 |
U.S. Trustee United States Trustee 33 Whitehall Street 21st Floor New York, NY 10004 (212) 510-0500 |
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