Judgment · jid 5179 · pdb #3519
Irving H Picard (Trustee) and BLMIS LLC v Primeo Fund (In Official Liquidation) - Reasons
FSD 0275/2010 (AJJ) · 2012-06-06
Inherent jurisdiction to stay proceedings; rare and compelling circumstances threshold; interaction between Cayman avoidance claims and US SIPA proceedings; cross‑border insolvency coordination; preliminary issues of Cayman law under ss.241–242; reflective loss concerns; whether Cayman action merely “protective”; safe‑harbour defences under US Bankruptcy Code s.546(e); simultaneous litigation risk overstated; maintaining timetable toward October 2012 preliminary issue trial
All PDF copies on file (1)
Every PDF we hold for this judgment is listed here, including legacy versions pulled from earlier upstream pipelines. Each carries a provenance note so the source of each copy is explicit.
PDB
20 May 2026
CURRENT
12-06-06-Irving-H-Picard-v-Bernard-L-Madoff-Investment-Securities-LLC.pdf
3.98 MB · md5 b43a5c57a5a0ba19756469b514f25820
Downloaded 2026-05-20 from the new judicial.ky Participants-Database release at https://judicial.ky/n0c-storage/judgments-repository2/12-06-06-Irving-H-Picard-v-Bernard-L-Madoff-Investment-Securities-LLC.pdf.
Full metadata
| Cause Number | FSD 0275/2010 (AJJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Jones J |
| Parties | Irving H Picard (Trustee) and BLMIS LLC v Primeo Fund (In Official Liquidation) - Reasons |
| Judgment Date | 2012-06-06 |
| Subject | Inherent jurisdiction to stay proceedings; rare and compelling circumstances threshold; interaction between Cayman avoidance claims and US SIPA proceedings; cross‑border insolvency coordination; preliminary issues of Cayman law under ss.241–242; reflective loss concerns; whether Cayman action merely “protective”; safe‑harbour defences under US Bankruptcy Code s.546(e); simultaneous litigation risk overstated; maintaining timetable toward October 2012 preliminary issue trial |
| Filename (current) | 12-06-06-Irving-H-Picard-v-Bernard-L-Madoff-Investment-Securities-LLC.pdf |
| File MD5 | b43a5c57a5a0ba19756469b514f25820 |
| Source pipeline | pdb |
| PDB record ID | 3519 |
| PDB URL | https://judicial.ky/n0c-storage/judgments-repository2/12-06-06-Irving-H-Picard-v-Bernard-L-Madoff-Investment-Securities-LLC.pdf |