Madoff Victims Win Right to Direct Appeal Over Interest

Some of Bernard Madoff’s victims won permission to appeal directly to a federal appeals court a bankruptcy ruling barring them from using the length of time they invested with the con man to add interest to their claims. The victims “satisfied the criteria” for a direct appeal that skips over the district court, where bankruptcy appeals usually go first, the U.S. Court of Appeals in New York ruled yesterday. A hearing date wasn’t set. More on Bloomberg here.

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