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Sec. Inv'r Prot. Corp. v. Bernard L. Madoff Inv. Sec. (In re Madoff)

United States District Court, S.D. New York
Sep 23, 2022
1:20-cv-01029-JMF (S.D.N.Y. Sep. 23, 2022)

Opinion

1:20-cv-01029-JMF

09-23-2022

SECURITIES INVESTOR PROTECTION CORPORATION, Plaintiff-Applicant, v. BERNARD L. MADOFF INVESTMENT SECURITIES LLC, Defendants. 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. RAR ENTREPRENEURIAL FUND, LTD., Defendant.


[PROPOSED] FINAL JUDGMENT

It is hereby ORDERED, ADJUDGED AND DECREED: That for the reasons stated in the Court's Opinion and Order dated March 3, 2021, the jury's verdict on March 7, 2022, and the Court's Order dated September 20, 2022, the Court enters judgment in favor of the Plaintiff, Irving H. Picard, Esq. (“the Trustee”), and against Defendant RAR Entrepreneurial Fund, Ltd., in the amount of $12,800,065. (Docket No. 20-cv-01029, ECF No. 43; Docket No. 20-cv-01029, ECF No. 132; Docket No. 20-cv-01029, ECF No. 149). The Trustee is entitled to prejudgment interest at a rate of 4%, from November 12, 2010 through the date of entry of judgment in the amount of $6,067,230.81 for a total sum of $18,867,295.81.

Any pending motions are moot. All conferences are vacated. The Clerk of Court is directed to close the case.

SO ORBERED


Summaries of

Sec. Inv'r Prot. Corp. v. Bernard L. Madoff Inv. Sec. (In re Madoff)

United States District Court, S.D. New York
Sep 23, 2022
1:20-cv-01029-JMF (S.D.N.Y. Sep. 23, 2022)
Case details for

Sec. Inv'r Prot. Corp. v. Bernard L. Madoff Inv. Sec. (In re Madoff)

Case Details

Full title:SECURITIES INVESTOR PROTECTION CORPORATION, Plaintiff-Applicant, v…

Court:United States District Court, S.D. New York

Date published: Sep 23, 2022

Citations

1:20-cv-01029-JMF (S.D.N.Y. Sep. 23, 2022)