United States Bankruptcy Court, S.D. New York August 12, 2019, Case No. 19-10594 (SMB) (In re Ascot Fund Ltd.)

STUART M. BERNSTEIN, United States Bankruptcy Judge:

The debtor, Ascot Fund Ltd. ("Ascot Fund"), an investment fund organized under Cayman Islands law, invested all or substantially all of its assets in Ascot Partners L.P. ("Ascot Partners"), a Delaware limited partnership. Ascot Partners, in turn, invested all or substantially all of its assets with Bernard L.