BLMIS definition
Examples of BLMIS in a sentence
The firm had started out as a small Wall Street investment firm but grew to a prominent presence over the years; by the early 1980s, BLMIS was one of the largest independent trading operations in the trading industry with around $300 million in assets during the Internet bubble.
In the event the BLMIS proceeding is closed by a final decree and not reopened, the Parties agree that any dispute arising out of this Agreement may be brought in the United States District Court for the Southern District of New York or the Supreme Court of the State of New York in New York County.
For the avoidance of doubt, the Trustee is authorized to and does release any claims that could have been brought by SIPC in connection with BLMIS and its liquidation to the extent such claims have been subrogated to the Trustee.
BLMIS and its predecessors were registered broker-dealers and members of the Securities Investor Protection Corporation ("SIPC").
The release granted by the Trustee hereunder shall extend to AA's and/or Landmark's shareholders, directors, managers, third party service providers, agents and attorneys, and any subsequent transferees thereof, but shall not include a release of claims that the Trustee may bring that are unrelated to BLMIS, Madoff, the Account, the Transfers, or the claims against Landmark in the Adversary Proceeding.