In Primeo Fund (In Official Liquidation) Plaintiff and 1) Bank of Bermuda (Cayman) Limited, 2) HSBC Securities Services (Luxembourg) SA Defendants in the Grand Court of the Cayman Islands Financial Services Division, a Brattle principal provided trial testimony regarding the duties and responsibilities of a custodian in service to a Cayman hedge fund arising out of the Madoff Ponzi scheme.
In a dispute relating to high net worth custody clients serviced by a registered investment advisor, Brattle identified and supported an industry expert addressing the securities custodian’s duties and responsibilities.
In litigation related to the Madoff Ponzi scheme, a Brattle principal provided expert testimony in Anwar v. Fairfield Greenwich Limited addressing the customary and contractual duties and responsibilities of securities custodians.
Before the High Commercial Court in Dublin, Brattle identified and supported an industry expert regarding a global securities custodian’s duties and responsibilities in the selection and monitoring of a subcustodian in a Madoff-related dispute.
Industry Custom and Practice– Overview – Anti-Money Laundering – Bank Regulation – Commercial Lending – Financial Services Risk Management Processes – Investment Management Valuation, Due Diligence, and Disclosure Practices – Market Trading Activities – Mortgage Banking / Securitization – Suitability – The Duties and Responsibilities of Broker Dealers – The Duties and Responsibilities of Hedge Fund Administrators – The Duties and Responsibilities of Securities Custodians
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