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June 14th, 2012
Eastern Caribbean Court dismisses Fairfield's BVI appeals

ROAD TOWN, Tortola, VI- In an important and detailed ruling emanating from the colossal Bernard Madoff fraud, the Eastern Caribbean Court of Appeal has dismissed Fairfield Sentry Limited's appeals and upheld two previous judgments of the BVI Commercial Court. The Court of Appeal found that the restitution claims, brought on the basis of an alleged mistake as to the value of Bernard L Madoff Investment Securities, did not render the contracts between Fairfield and the redeeming shareholder impossible to per

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