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Deminor clients win their summary proceeding against Luxalpha and UBS en

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The Tribunal d'Arrondissement of Luxembourg has decided on March 4, 2009 that Luxalpha and UBS release certain important documents to the plaintiffs, investors in Luxalpha advised by Deminor. More in particular, these documents are the contracts entered into between UBS and Bernard Madoff Investment Securities LLC (BMIS) and the yearly auditor's report on the inner functioning of Luxalpha.

Deminor will file a similar law suit against Herald (lux) and HSBC in the next few days.

 

Deminor DRS

Written on Mar 5, 2009 by

Deminor DRS

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Madoff: Deminor Client win summary court proceeding against HSBC and Bank Medici

Madoff: Deminor Client win summary court proceeding against HSBC and Bank Medici

On April, 2, 2009, the Luxembourg Tribunal d'Arrondissement ordered Herald Lux, a Luxembourg based UCITS compliant investment fund (SICAV), and its ...

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