Even where an investor exerts discretion in how fund invests and intends that the fund invest in a certain (ill-fated) endeavour, they are not customers of the endeavour, as they themselves transacted no business with it.
In re: Bernard L. Madoff Inv. Sec. LLC
Recent Precedential Slip Opinions from the U.S. Circuit Courts of Appeals.
Friday, February 22, 2013
Topics (DO NOT RELY ON THIS)
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Compiled by D.E. Frydrychowski, who is, not incidentally, not giving you legal advice.
Category tags above are sporadically maintained Do not rely. Do not rely. Do not rely.
Author's SSRN page here.