Daily Archives: March 17, 2009, 11:59 pm

Securities Docket News Wire for March 17, 2009

Madoff Bankruptcy Trustee Uncovers Assets in Gibraltar. http://is.gd/nKBU # France: “Exceptional Guarantees” Against Prosecution for Bribery. http://tinyurl.com/c35yh4 # Madoff’s Mugshot. http://tinyurl.com/d8m8tq # UK, Dutch Pension Funds Seek Lead Plaintiff Role in US Class Action Against RBS. http://tinyurl.com/dxyk62 # UK: FSA Seeking Power to Offer Plea Bargains in Prosecutions. http://tinyurl.com/cqwxco # The Next Shoe: State Pension Funds Victims of Investment Fraud.…

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Madoff Bankruptcy Trustee Uncovers Assets in Gibraltar

Irving Picard, the trustee appointed by the bankruptcy court to identify Bernard Madoff’s assets,  has reportedly found assets in the British territory of Gibraltar.  The Daily News reports that David Sheehan, an attorney working for Picard, has asked Bankruptcy Judge Burton Lifland to let the trustee hire some English lawyers familiar with Gibraltar law to track down the property. “The…

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France: “Exceptional Guarantees” Against Prosecution for Bribery

According to a report last week by the Council of Europe’s Group of States against Corruption (GRECO), French legislation restricts prosecutors in investigating international corruption cases. The report states that “France has severely restricted its jurisdiction and its ability to prosecute cases with an international dimension, which, given the country’s importance in the international economy and the scale of many of its companies, is very regrettable.”

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Securities Docket News Wire for March 16, 2009

Securities class action filed in the US D. Ct. for N.D. Ind. on behalf of common stock purchasers of Steel Dynamics. http://is.gd/nGbL … 8 hrs ago S&P 500 Books First Quarterly Earnings Loss In History. http://is.gd/nxlJ 21 hrs ago UK: Hedge Funds Will Be Subject to Same Supervisory Rules as Banks. http://tinyurl.com/clxxw9 23 hrs ago 60 Minutes Video: Interview With Ben…

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