On June 6, 2012, the trustee liquidating Bernard L. Madoff Investment Securities Inc., Irving Picard, filed new lawsuits in the U.S. Bankruptcy Court in Manhattan against several European private banks. Included in the many new lawsuits he has filed are a complaint seeking $122.2 million against ABN Amro Fund Services Nominees Ltd.; a complaint seeking $108.1 million against Belgian private lender Banque Degroof SA; and two complaints filed against Swiss private banks EFG Bank SA and Lombard Odier Darier Hentsch & Cie, respectively seeking amounts of $354.9 million and $179.4 million. Picard seeks to recover money transferred to third-party feeder funds, including Fairfield Greenwich Group’s Fairfield Sentry Ltd., Fairfield Sigma Ltd., Kingate Management Ltd.’s Kingate Global Fund Ltd. and Kingate Euro Fund Ltd. Picard alleges that the funds funneled much of their customers’ money to Bernard L. Madoff Investment Securities LLC. The lawsuits were filed one day short of the expiration of the statute of limitations for Picard to file subsequent “transfer cases” based on the terms of a settlement between the trustee and Fairfield Sentry liquidators. (“Madoff trustee files many new lawsuits,” Reuters, June 7, 2012).