Opinion
20 CIVIL 3836 (JGK)
03-24-2021
SECURITIES INVESTOR PROTECTION CORPORATION, Plaintiff-Applicant, v. BERNARD L. MADOFF INVESTMENT SECURITIES LLC, Defendant. IN RE BERNARD L. MADOFF, Debtor. IRVING H. PICARD, Trustee for the Substantively Consolidated SIPA Liquidation of Bernard L. Madoff Investment Securities LLC and Bernard L. Madoff, Plaintiff, v. JABA ASSOCIATES LP, ET AL., Defendants.
JUDGMENT
It is hereby ORDERED, ADJUDGED AND DECREED: That for the reasons stated in the Court's Opinion and Order dated March 24, 2021, The Court has considered all of the arguments raised by the parties. To the extent not specifically addressed, the arguments are either moot or without merit. For the reasons discussed, the Trustee's motion for summary judgment is granted and the defendants' motion for summary judgment is denied. The Trustee is entitled to judgment in the amount of $2,925,000. The Trustee is also entitled to prejudgment interest at a rate of 4%, from November 12, 2010 through the date of entry of judgment in the amount of $1,213,273.97 for a total sum of $4,138,273.97; accordingly, this case is closed. Dated: New York, New York
March 24, 2021
RUBY J. KRAJICK
Clerk of Court
BY: /s/ _________
Deputy Clerk