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In re Tremont Securities Law, State Law and Insurance Litigation

MEMORANDUM OF LAW in Support re: 987 MOTION to Approve Net Settlement Fund Plan of Allocation and Scheduling Motion for Distribution Notice of Motion

13 Cited authorities

  1. In re Bernard L. Madoff Investment Securities LLC

    654 F.3d 229 (2d Cir. 2011)   Cited 157 times   4 Legal Analyses
    Affirming the use of Trustee's proposed Net Investment Method, endorsed in Antecedent Debt Decision

  2. Securities Investor Protection Corp. v. Bernard L. Madoff Investment Securities LLC (In re Bernard L. Madoff Investment Securities LLC)

    424 B.R. 122 (Bankr. S.D.N.Y. 2010)   Cited 91 times
    Holding that customers' Net Equity claims, and thus their pro rata shares of customer property, are determined by reference to their net investments in BLMIS

  3. S.E.C. v. Byers

    637 F. Supp. 2d 166 (S.D.N.Y. 2009)   Cited 56 times
    Finding "some evidence that commingling occurred" supported a pro rata distribution, and noting "the law does not appear to require more than that"

  4. In re New Times Securities Services, Inc.

    371 F.3d 68 (2d Cir. 2003)   Cited 50 times
    Finding agency interpretation persuasive under Skidmore because it furthered the statute's goals and was supported by the legislative history

  5. In re New Times Securities Services, Inc.

    463 F.3d 125 (2d Cir. 2006)   Cited 41 times
    Finding a claimant must make a showing of customer status on a transaction-by-transaction basis

  6. Shapiro v. JPMorgan Chase & Co.

    No. 11 Civ. 8331 (CM) (MHD) (S.D.N.Y. Mar. 24, 2014)   Cited 25 times
    Approving an allocation plan where the settlement amount, less administration costs, would be distributed on a pro rata basis of net losses

  7. Commodity Futures Trading Comm'n v. Walsh

    712 F.3d 735 (2d Cir. 2013)   Cited 24 times
    Upholding district court's finding that investors are similarly situated for purposes of a pro rata distribution plan when they are similarly situated in relationship to the fraud, in relationship to the losses, in relationship to the fraudsters, and in relationship to the nature of their investments

  8. In re Beacon Assocs. Litig.

    10 Civ. 8000 (CM) (S.D.N.Y. May. 9, 2013)   Cited 9 times

    09 Civ. 777 (CM) 09 Civ. 3907 (CM) 09 Civ. 6910 (CM) 09 Civ. 8278 (CM) 09 Civ. 8362 (CM) 10 Civ. 8000 (CM) 10 Civ. 8077 (CM) 05-09-2013 IN RE BEACON ASSOCIATES LITIGATION This Document Relates to: ALL ACTIONS IN RE J.P. JEANNERET ASSOCIATES, INC. et al, This Document Relates to: ALL ACTIONS BEACON ASSOCIATES MANAGEMENT CORP., Plaintiff, v. BEACON ASSOCIATES LLC I, Defendants. ERNEST A. HARTMENT et al., Plaintiffs, v. IVY ASSET MANAGMEENT L.L.C. et al., Defendants. BOARD OF TRUSTEES OF THE BUFFALO

  9. Community First Bank v. First United Funding, LLC

    822 N.W.2d 306 (Minn. Ct. App. 2012)   Cited 9 times
    Discussing net-investment method

  10. Beacon Associates Management Corp. v. Beacon Associates LLC I

    725 F. Supp. 2d 451 (S.D.N.Y. 2010)   Cited 10 times

    No. 09 Civ. 6910 (AJP). July 27, 2010. Tab Keith Rosenfeld, Steven Michael Kaplan, Rosenfeld Kaplan, LLP, New York, NY, for Plaintiff. Arthur Glenn Jakoby, Herrick, Feinstein LLP, New York, NY, for Defendant. OPINION AND ORDER ANDREW J. PECK, United States Magistrate Judge: Beacon Associates LLC I ("Beacon" or the "Fund"), is a private investment fund decimated by the Ponzi scheme perpetrated by Bernard L. Madoff. (Dkt. No. 1: Compl. ¶ 1.) Plaintiff Beacon Associates Management Corp. ("Management")

  11. Rule 23 - Class Actions

    Fed. R. Civ. P. 23   Cited 34,916 times   1234 Legal Analyses
    Holding that, to certify a class, the court must find that "questions of law or fact common to class members predominate over any questions affecting only individual members"