Madoff Victim Can’t Revise Divorce Deal, Appeals Court Says

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A New York real estate lawyer who paid his ex-wife $2.7 million of the supposed value of his account with Bernard Madoff can’t revise the agreement because he lost money in the Ponzi scheme, a state appeals court ruled.

The New York Court of Appeals, the state’s highest court, today dismissed a suit brought by Steven Simkin against his former wife, Laura Blank, reversing the decision of a Manhattan appellate court, which had said the case could proceed.