Irving H. Picard v. Saul B. Katz et al

Filing 3

DECLARATION of Karen E. Wagner in Support re: 1 MOTION TO WITHDRAW THE BANKRUPTCY REFERENCE. Bankruptcy Court Case Numbers: 10-5287A, 08-1789 (BRL).MOTION TO WITHDRAW THE BANKRUPTCY REFERENCE. Bankruptcy Court Case Numbers: 10-5287A, 08-1789 (BRL).MOTION TO WITHDRAW THE BANKRUPTCY REFERENCE. Bankruptcy Court Case Numbers: 10-5287A, 08-1789 (BRL).MOTION TO WITHDRAW THE BANKRUPTCY REFERENCE. Bankruptcy Court Case Numbers: 10-5287A, 08-1789 (BRL).MOTION TO WITHDRAW THE BANKRUPTCY REFERENCE. Bankruptcy Court Case Numbers: 10-5287A, 08-1789 (BRL).MOTION TO WITHDRAW THE BANKRUPTCY REFERENCE. Bankruptcy Court Case Numbers: 10-5287A, 08-1789 (BRL).MOTION TO WITHDRAW THE BANKRUPTCY REFERENCE. Bankruptcy Court Case Numbers: 10-5287A, 08-1789 (BRL).MOTION TO WITHDRAW THE BANKRUPTCY REFERENCE. Bankruptcy Court Case Numbers: 10-5287A, 08-1789 (BRL).MOTION TO WITHDRAW THE BANKRUPTCY REFERENCE. Bankruptcy Court Case Numbers: 10-5287A, 08-1789 (BRL).MOTION TO WITHDRAW THE BANKRUPTCY REFERENCE. Bankruptcy Court Case Numbers: 10-5287A, 08-1789 (BRL).. Document filed by Charles 15 Associates, Charles 15 LLC, Charles Sterling LLC, Charles Sterling Sub LLC, College Place Enterprises LLC, Coney Island Baseball Holding Company LLC, Estate of Leonard Schreier, FFB Aviation LLC, FS Company LLC, Fred Wilpon Family Trust, Arthur Friedman, Ruth Friedman, Iris J. Katz and Saul B. Katz Family Foundation, Inc., Judy and Fred Wilpon Family Foundation, Inc., Amy Beth Katz, David Katz, Dayle Katz, Gregory Katz, Howard Katz, Iris Katz, 157 J.E.S. LLC, Air Sterling LLC, BAS Aircraft LLC, Jason Bacher, Bon Mick Family Partners LP, Bon-Mick, Inc., Brooklyn Baseball Company LLC, C.D.S. Corp., Michael Katz, Saul B. Katz, Todd Katz, Katz 2002 Descendants' Trust, Heather Katz Knopf, Natalie Katz O'Brien, Mets II LLC, Mets Limited Partnership, Mets One LLC, Mets Partners, Inc., Minor 1 (REDACTED), Minor 2 (REDACTED), L. Thomas Osterman, Phyllis Rebell Osterman, Realty Associates Madoff II, Red Valley Partners, Robbinsville Park LLC, Ruskin Garden Apartments LLC, Saul B. Katz Family Trust, Michael Schreier, Deyva Schreier Arthur, See Holdco LLC, See Holdings I, See Holdings II, Sterling 10 LLC, Sterling 15C LLC, Sterling 20 LLC, Sterling Acquisitions LLC, Sterling American Advisors II LP, Sterling American Property III LP, Sterling American Property IV LP, Sterling American Property V LP, Sterling Brunswick Corporation, Sterling Brunswick Seven LLC, Sterling Dist Properties LLC, Sterling Equities, Sterling Equities Associates, Sterling Equities Investors, Sterling Heritage LLC, Sterling Internal V LLC, Sterling Jet II Ltd., Sterling Jet Ltd., Sterling Mets Associates, Sterling Mets Associates II, Sterling Mets LP, Sterling Pathogenesis Company, Sterling Third Associates, Sterling Thirty Venture LLC, Sterling Tracing LLC, Sterling Twenty Five LLC, Sterling VC IV LLC, Sterling VC V LLC, Edward M. Tepper, Elise C. Tepper, Jacqueline G. Tepper, Marvin B. Tepper, Valley Harbor Associates, Kimberly Wachtler, Philip Wachtler, Wilpon 2002 Descendants' Trust, Robin Wilpon Wachtler, Bruce N. Wilpon, Daniel Wilpon, Debra Wilpon, Fred Wilpon, Jeffrey Wilpon, Jessica Wilpon, Judith Wilpon, Richard Wilpon, Scott Wilpon, Valerie Wilpon. (Attachments: # 1 Exhibit A, # 2 Exhibit B, # 3 Exhibit C, # 4 Exhibit D, # 5 Exhibit E, # 6 Exhibit F)(bkar) Modified on 5/27/2011 (kkc).

Davis Polk & Wardwell LLP
450 Lexington Avenue
New York, New York 10017
Telephone:
[phone]
Facsimile:
[phone]
Attorneys for the Sterling Defendants
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
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SECURITIES INVESTOR PROTECTION
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CORPORATION,
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Plaintiff-Applicant,
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- against :
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BERNARD L. MADOFF INVESTMENT
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SECURITIES LLC,
:
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Defendant.
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In re:
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BERNARD L. MADOFF,
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Debtor.
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IRVING H. PICARD,
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Plaintiff,
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- against :
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SAUL B. KATZ, et al.
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Defendants.
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Adv. Pro. No. 08-01789 (BRL)
SIPA LIQUIDATION
(Substantively Consolidated)

Adv. Pro. No. 10-05287 (BRL)

DECLARATION OF KAREN E. WAGNER IN SUPPORT OF STERLING
DEFENDANTS’ MOTION TO WITHDRAW THE REFERENCE

I, KAREN E. WAGNER, declare pursuant to 28 U.S.C. § 1746, that the following is true:
1.

I am an attorney licensed to practice in the state of New York. I am a

partner of the firm Davis Polk & Wardwell LLP, attorneys for the Sterling Defendants. I
submit this declaration in support of the Sterling Defendants’ Motion to Withdraw the
Reference of the Above-Captioned Adversary Proceeding to the Bankruptcy Court
pursuant to 28 U.S.C. § 157(d).
2.

Attached hereto as Exhibit A is a true and correct copy of the Amended

Complaint filed by the Trustee in Picard v. Katz, Adv. Pro. No. 10-05287 (BRL), dated
March 18, 2011.
3.

Attached hereto as Exhibit B is a true and correct copy of the

Memorandum of Law in Support of Sterling Defendants’ Motion to Dismiss, or, in the
Alternative, for Summary Judgment filed in Picard v. Katz, Adv. Pro. No. 10-05287
(BRL), dated March 20, 2011.
4.

Attached hereto as Exhibit C is a true and correct copy of the Trustee’s

Memorandum of Law in Opposition to the Sterling Defendants’ Motion to Dismiss, or, in
the Alternative, for Summary Judgment in Picard v. Katz, Adv. Pro. No. 10-05287 (BRL),
dated May 19, 2011.
5.

Attached hereto as Exhibit D is a true and correct copy of SIPC’s

Memorandum of Law in Opposition to the Sterling Defendants’ Motion to Dismiss, or, in
the Alternative, for Summary Judgment in Picard v. Katz, Adv. Pro. No. 10-05287 (BRL),
dated May 19, 2011.

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6.

Attached hereto as Exhibit E is a true and correct copy of a brochure

produced by SIPC, SIFMA, and NASAA, entitled Understanding Your Brokerage
Account Statements.
7.

Attached hereto as Exhibit F is a true and correct copy of a page from the

Trustee’s website, entitled Important Message on Creditor Claims.
I declare under penalty of perjury that the foregoing is true and correct.

Dated: New York, New York
May 26, 2011
/s/ Karen E. Wagner
Karen E. Wagner

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