Fight Over Madoff Liquidation Claims

AUSTIN (CN) – A New York-based investment firm reneged on selling $4.8 million worth of “valuable claims” in the Bernard Madoff securities firm liquidation, an Austin-based investment company claims in court. Blue Creek Funding LLC sued Fisher Family Associates LP in Travis County Court.
Blue Creek claims Fisher agreed in August to sell the claims, but backed out “at the eleventh hour” to seek other buyer. More on the Courthouse News Service here.