Lawsuits: Madoff

Last week my alma mater, New York Law School, sued (complaint here) J. Ezra Merkin the Chairman of the Board of GMAC LLC (you know, the bank). Merkin's day job is managing hedge funds, but it appears he had lots of free time because all he did was hand money to Bernie Madoff. New York Law School was a limited partner in a Merkin fund called Ascot Partners LP. Some of Merkin's other academic clients include Tufts, NYU and Yeshiva University.

Complaints against Madoff, his feeder funds and any auditors within reach are proliferating. Many of them have made their way into the FED-FILING-ALL database on Westlaw. A search for BERNARD /3 MADOFF turned up six:

New York Law School v J Ezra Merkin, Ascot Capital & BDO Seidman (2008 WL 5243584)
The Calibre Fund v J Ezra Merkin & Ascot Capital (2008 WL 5267855)
Scott Barrie v Gabriel Capital, J Ezra Merkin & BDO Seidman (2008 WL 5267808)
Michael Chaleff v. Stanley Chais & The Brighton Company (2008 WL 5267808)
Irwin Keller v Madoff & Does 1-100 (2008 WL 5231154)
SEC v. Madoff (2008 WL 5197070)

A docket search turned up:

USA v Madoff (SDNY 1:08MJ02735)
NYU v Gabriel Capital (NY Supreme Ct., 603803/2008)