Rochelle's Daily Wire

Subsequent transferees of Madoff’s fraudulent transfers won’t have an interlocutory appeal from denial of their motions to dismiss.

A creditor can’t assert a cure claim, even though Section 365(b) doesn’t give the counterparty the sole right to demand a cure on assumption of an executory contract.

Overturning District Judge Rakoff a second time will aid the Madoff trustee’s quest to recover 100% of defrauded customers’ net equity claims.

A reversal in the Second Circuit would mean that trustees can recover from subsequent recipients of fraudulent transfers, even if the subsequent transfers were made abroad.

A split of circuits will result if the Second Circuit does not reverse a Madoff decision.

Shallow constitutional foundation of the bankruptcy court justifies allowing interlocutory appeals, district judge says.

Pipeline companies strike out again in New York on Texas law question.