{"id":10943,"date":"2009-07-02T00:00:00","date_gmt":"2009-07-02T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"judge-names-receiver-in-madoff-feeder-fund-suit","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2009\/judge-names-receiver-in-madoff-feeder-fund-suit.html","title":{"rendered":"Judge Names Receiver in Madoff Feeder Fund Suit"},"content":{"rendered":"<div><span class=\"linelink\">Law.com &#8211; Goodwin Procter partner David B. Pitofsky<\/span> was appointed Monday as receiver of the $1.7 billion Ascot fund put together by financier J. Ezra Merkin, almost all of which was invested with Bernard L. Madoff and lost.<\/div>\n<p>  \t<!-- insert images -->  \t<!-- imagedivtag -->  <\/p>\n<p>   Justice Richard B. Lowe appointed Pitofsky receiver in a <span class=\"linelink\">lawsuit (<em>People of the State of New York v. Merkin<\/em>, 450879\/09) brought by the New York attorney general&#8217;s office seeking recovery from Merkin<\/span> of $2.4 billion in his client&#8217;s funds which he had &quot;recklessly&quot; invested with Madoff despite &quot;clear warning signals&quot; that the funds were being mishandled. <\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.law.com\/jsp\/article.jsp?id=1202431943989&#038;pos=ataglance&#038;FORM=ZZNR\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Law.com &#8211; Goodwin Procter partner David B. Pitofsky was appointed Monday as receiver of the $1.7 billion Ascot fund put together by financier J. Ezra Merkin, almost all of which was invested with Bernard L. Madoff and lost. Justice Richard [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[7366,5253,4817,13735,5251,13738,4249,4664,3498,13736,13737,215],"class_list":["post-10943","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-ascot","tag-ezra","tag-financier","tag-goodwin-procter","tag-justice-richard","tag-lowe","tag-madoff","tag-merkin","tag-new-york-attorney-general","tag-partner-david","tag-state-of-new-york","tag-york-attorney"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10943"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10943\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}