Articles tagged with: Fairfield Sentry Limited

Reports, Articles, Motions, Opinions Concerning Fairfield Sentry Limited Chapter 15 Bankruptcy Adversary Proceeding Litigation Avoidance Claims Under British Virgin Islands Insolvency Act

Foreign Representative, Liquidator of Fairfield Sentry Limited Files More Bankruptcy Adversary Proceeding Avoidance Claims under BVI Insolvency Act of 2003

Fairfield Sentry Limited and Kenneth Krys, as Foreign Representative and Liquidator (“Fairfield Sentry”) has brought an additional wave of 46 bankruptcy adversary proceedings in the Chapter 15 bankruptcy case of “the largest of all so called ‘feeder funds’ to maintain accounts with [Bernard L. Madoff Investment Securities LLC]”. With the filing of these additional complaints, the total avoidance actions brought by Fairfield Sentry reaches 227. The claims in these proceedings are brought under the laws of the British Virgin Islands (“BVI”). The in the Chapter 15 bankruptcy case of “the largest of all so called ‘feeder funds’ to maintain accounts with [Bernard L. Madoff Investment Securities LLC]”.