08-01789-smb Doc 19502 Filed 04/28/20 Entered 04/28/20 13:08:36 Main Document Pg 1 of 66 BAKER & HOSTETLER LLP 45 Rockefeller Plaza New York, New York 10111 Telephone: (212) 589-4200 Facsimile: (212) 589-4201 Irving H. Picard Email:
[email protected] David J. Sheehan Email:
[email protected] Seanna R. Brown Email:
[email protected] Heather R. Wlodek Email:
[email protected] Attorneys for Irving H. Picard, Trustee for the Substantively Consolidated SIPA Liquidation of Bernard L. Madoff Investment Securities LLC and the Chapter 7 Estate of Bernard L. Madoff UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK SECURITIES INVESTOR PROTECTION CORPORATION, Plaintiff-Applicant, Adv. Pro. No. 08-01789 (SMB) v. SIPA Liquidation BERNARD L. MADOFF INVESTMENT (Substantively Consolidated) SECURITIES LLC, Defendant. In re: BERNARD L. MADOFF, Debtor. TRUSTEE’S TWENTY-THIRD INTERIM REPORT FOR THE PERIOD OCTOBER 1, 2019 THROUGH MARCH 31, 2020 4812-5216-8375.2 08-01789-smb Doc 19502 Filed 04/28/20 Entered 04/28/20 13:08:36 Main Document TABLEPg OF 2 CONTENTSof 66 Page I. EXECUTIVE SUMMARY .................................................................................................1 II. BACKGROUND .................................................................................................................3 III. FINANCIAL CONDITION OF THE ESTATE ..................................................................3 IV. CLAIMS ADMINISTRATION ...........................................................................................4