Solus, Optimal Can't Get $7M Refund From Madoff Trustee
By Jeff Sistrunk ( October 10, 2014, 9:23 PM EDT) -- A New York bankruptcy judge ruled Friday that SPV Optimal SUS Ltd. and Solus Recovery Fund LP are not entitled to a more than $7 million refund under an equal treatment clause in a settlement with the liquidating trustee for Bernard L. Madoff Investment Securities LLC following the trustee's $325 million deal with JPMorgan Chase & Co....
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