Update on Feb 2nd Net Equity Hearing

The hearing to consider the “net equity” dispute will be held on Tuesday, February 2, 2010, at 10:00 a.m. before the Honorable Burton R. Lifland at the United States Bankruptcy Court, Southern District of New York, One Bowling Green, New York, New York, Room 623.

On January 25, 2010, the Court entered two orders regarding how the hearing will be conducted, including who the speakers will be and the time allotted for each presentation. Links to the two orders are here and here. The Court has received numerous written submissions on the net equity issue, all of which will be duly considered.

The hearing will be open to the public on a first-come, first-served basis. The Court has arranged for overflow rooms to accommodate those wishing to attend the hearing. Please be advised that cell phones and other electronic devices are not permitted in the Courthouse. As there is a limited amount of space to “check” such devices, it is strongly recommended that all attendees refrain from bringing these items to the Courthouse.

SourcedFrom Sourced from: Madoff Help News & Assistance

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