United States Bankruptcy Court, S.D. New York December 14, 2016, Adv. Pro. No. 08-01789 (SMB), Adv. Pro. No. 09-01864 (SMB) (Picard v. HSBC Bank PLC (In re Bernard L. Madoff Investment Securities LLC))

SIPA LIQUIDATION

MEMORANDUM DECISION GRANTING HSBC DEFENDANTS’ MOTION TO DISMISS CROSS-CLAIMS

STUART M. BERNSTEIN, United States Bankruptcy Judge:

Irving H. Picard (the “Trustee”), as trustee of the liquidation of Bernard L. Madoff Investment Securities LLC (“BLMIS”) under the Securities Investor Protection Act of 1970 (“SIPA”), 15 U.S.C. §§ 78aaa, et seq.