Currently browsing;Fund Liquidation
- The Life and Death of Jeffry Picower: Madoff’s Frenemy?
To pull from the vernacular of the modern urban lexicon, perhaps Jeffry Picower could best be described as Bernard Madoff’s Frenemey (a pormanteau of “friend” and “enemy”). Madoff and the Picower’s seemed to have had a long and complex relationship to say the least. Rumored to be friends for years their relationship seemed to fall [...]
- Dynamic Decisions Investors Push Liquidation: The Importance of On-going Operational Monitoring
APRIL 1, 2009 A restructuring firm named Zolfo Cooper has filed a petition seeking the appointment of a provisional liquidator to protect the assets of Dynamic Decisions Capital Management Ltd.’s primary hedge fund, the DD Growth Premium Mast Fund, according to Bloomberg. The petition was filed in a Cayman Islands Court, which is a UK [...]
- The Family Jewels: The Madoff Empire Crumbles One Brick at a Time
MARCH 23, 2009 Federal prosecutors recently filed an Intent to Seek Forfeiture in New York court that they are seeking the assets of Ruth Madoff, Bernard Madoff’s wife. The list of items being sought includes: NEW YORK PROPERTY- 1) Apartments 11 and 12A located at 133 East 64th Street, New York, NY 11954 (estimated $7 million [...]
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