US federal court restricts transfer of Madoff assets

A judge of the United States District Court for the Southern District of New York agreed to prosecutors' request to issue an order restricting the sale, transfer, or assignment of Bernard Madoff's assets following Madoff's conviction for numerous financial fraud offenses in March. The restraining order was issued despite a recent ruling from another Southern District judge that a petition for involuntary bankruptcy may be filed against Madoff.

US federal court restricts transfer of Madoff assets law.com Tue, Apr 21, 2009