Fraudster Madoff’s legacy dominates investment fund High Court dispute

20th January, 2019
The High Court case is linked to convicted US fraudster Bernie Madoff Getty

An investment fund has renewed its bid to remove a High Court judge from a case. Last month Mr Justice Michael Twomey criticised wealthy litigants monopolising court time, in a case linked to convicted US fraudster Bernie Madoff and the world’s largest ever Ponzi scheme.

Defender, a British Virgin Islands registered fund, is claiming $141 million in a professional negligence suit against the Irish subsidiary of the HSBC Group over a half-billion dollar...

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