For those who invested directly with Bernard L. Madoff, the deadline for submitting claims is fast-approaching. In accordance with the December 11, 2008 Order entered by the United States Bankruptcy Court for the Southern District of New York, in order to receive the full protection afforded under the Securities Investor Protection Act (SIPA), all customer claims must be received by the Madoff Trustee on or before March 4, 2009. Claims received after March 4, 2009, but before July 2, 2009, may be subject to delayed processing and to being satisfied on terms less favorable to the claimant. No claims will be accepted after July 2, 2009. To obtain a claim form and to view detailed instructions as to how to complete and send in the form, please go to www.madofftrustee.com.
For more information on how Michael Best can be of assistance regarding these matters, and on our Securities Litigation and Dispute Resolution Team, please contact:
Monica M. Riederer
Direct Dial: 414.277.3459
John C. Thomure
Direct Dial: 414.225.4946