Madoff trustee seeks $1 billion from Cayman hedge fund

Madoff Trustee Seeks $1 Billion Cayman Hedge - Trinidad, Tobago / Caribbean - Posted: 12th Jul, 2009 - 8:05am

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Cayman Islands - News from the Cayman Islands
Post Date: 12th Jul, 2009 - 8:05am / Post ID: #

Madoff trustee seeks $1 billion from Cayman hedge fund

Madoff trustee seeks $1 billion from Cayman hedge fund
Cayman Islands Cruse, Ship Tours, Fishing Cayman Islands News

NEW YORK, USA (Bloomberg) -- The trustee liquidating Bernard Madoff’s investment-advisory business has asked a judge for a default ruling against Harley International Ltd, arguing that the Cayman Islands hedge fund failed to respond to a lawsuit accusing it of taking $1.07 billion in fake profit from Madoff’s firm.
Source: Caribbean Net News Daily Headlines: Cayman Islands

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