Jan 13 The federal bankruptcy judge presiding
over the liquidation of assets related to Bernard Madoff's Ponzi
scheme has died, a clerk to the U.S. Bankruptcy Court in New
York said on Monday.
U.S. Bankruptcy Judge Burton Lifland, 84, died on Sunday,
according to the clerk, Vito Genna. Genna said he did not know
the cause of death.
Lifland was the longest-serving judge for the U.S.
Bankruptcy Court for the Southern District of New York, for
which he was previously chief judge, Genna said.
He was appointed to the bench in 1980, according to
biographical information on the court's website.
Among his major cases, Lifland oversaw the asbestos-related
bankruptcy of Johns Manville in 1982, power producer Calpine
in 2005 and the 2010 bankruptcy of video rental company
It was not immediately clear which judge would take over the
Madoff liquidation and Lifland's other cases.
"We are deeply saddened to learn of the passing of Judge
Lifland, one of the leading experts on bankruptcy law," said
Amanda Remus, a spokeswoman for Irving Picard, the trustee
liquidating Bernard L. Madoff Investment Securities LLC.
In a ruling on Monday, the 2nd U.S. Circuit Court of Appeals
upheld a 2011 injunction issued by Lifland that blocked two
former Madoff clients from pursuing claims against the estate of
a Florida businessman who was one of Madoff's biggest clients.