Appellants

Kenneth Krys, solely in his capacity as Foreign Representative and Liquidator thereofGreig Mitchell, solely in their capacities as Foreign Representatives and Liquidators thereofFairfield Sigma Limited, (In Liquidation) acting by and through the Foreign Representatives thereofFairfield Lambda Limited, (In Liquidation) acting by and through the Foreign Representative thereof

Defendant - Appellees

Natixis Wealth Management LuxembourgItau BBA International (Cayman) Ltd., FKA Itau Europa Luxembourg, S.A., FKA Banco Itau Europa Luxembourg, S.A.Itau Bank & Trust Cayman, Ltd., FKA Unicorp Bank & Trust LimitedArchitas, FKA AXA Private Management

Defendants

RBC Investor Services Bank, S.A., FKA RBC Dexia Investor Services Bank, S.A.BCV AMC Defensive Al FundFalcon Private BankBanque Cantonale VaudoiseIncore Bank AGLiechtensteinische LB Reinvest AMS

Appellees

Citibank NA LondonRBC Dominion Securities Inc.Tercas Cassa di Risparmio della Provincia di Teramo S.P.A.Banca Popolare di Bari S.C.p.A, in Amministrazione Straordinaria, successor in interest to TercasCassa di Risparmio Della Provincia di Teramo S.P.A.FS ABN AMRO Global CustodyAmerican Express Bank, now known as, Standard Chartered International (USA) Ltd.Banque Privee Edmond de Rothschild (Europe)Meritz Fire & Marine Insurance Company Ltd.Vontobel Asset Management Inc.Banco Santander (Suisse) S.A.Bank Hapoalim (Suisse) Ltd., AKA Banque Hapoalim (Suisse) S.A.FS Mizrahi Tefahot Bank Ltd., AKA FS United Mizrahi Bank LimitedBanco Bilbao Vizcaya Argentaria, S.A., (Portugal)BBVA Fundas PrivianzaBBVA Grand CaymanBBVA MiamiBank Morgan Stanley AGAXA Isle of Man LimitedBanque et Caisse d'Epargne de l'Etat, LuxembourgMerrill Lynch, Pierce, Fenner & Smith, Inc.Credit Suisse Gibraltar LimitedCredit Suisse Nominees, AKA Credit Suisse Nominees (Guernsey) Limited A/C GibEduardo Fernandez de Valderrama MurilloUBS Fund Services (Cayman) Limited REF Greenlake Arbitrage Fund Ltd.Banque Generale du LuxembourgFS/Fortis Banque LuxembourgKas BankKAS Depositary Trust Co.FS/NBK Kuwait, AKA National Bank of KuwaitSimgest SpAHambros Guernsey Nominees, AKA Hambros (Guernsey Nominees) LimitedSG Hambros Bank & Trust (Guernsey) Ltd.SG Hambros Bank (Channel Islands) Limited Guernsey, AKA SG Hambros Bank (Channel Islands) LimitedSG Hambros Nominees (Jersey), AKA SG Hambros Nominees (Jersey) LimitedEFG Bank, AKA EFG Bank AG, AKA EFG Bank SAClarks Fork FoundationRobinson & Co.Murdoch & Co.FS/HSBC Private Banking Nom, AKA FS/HSBC Private Banking Nominee 1 (Jersey) Ltd.HSBC Private Bank (Guernsey) Ltd., AKA HSBC Republic Bank (Guernsey) Ltd., AKA HSBC Private Bank (C.I.) LimitedFortis Bank Nederland NVRepublic Nominees LimitedFS/Andbanc Andorra, AKA Andorra Banc Agricol Reig S.A.HSBC Private Bank (C.I.) LimitedING Bank (Suisse) SA, as predecessor to Bank Julius Baer & Co. Ltd.Citibank (Switzerland) AG, AKA Citibank (Switzerland) ZurichSumitomo Trust & Banking Co., Ltd.Natixis Private Banking International SADeutsche Bank AG SingaporeCathay Life Insurance Co. LTD.NYROYRoyal Bank of Canada, AKA RBC Capital Markets CorporationBlubank Ltd., now known as, Inteligo Bank Ltd.Rahn and Bodmer BanquiersRoyal Bank of Canada Singapore BranchBanco Itau Europa Luxembourg, S.A.CBESSA, AKA Banque Privee Espirito Santo SA, FKA Compagnie Bancaire Espirito Santo SASNS Global Custody B.V., AKA SNS Bank N.V.Hyposwiss Private Bank Geneve S.A., FKA Anglo Irish Bank (Suisse), S.A.Bred Banque PopulaireBGL BNP Paribas S.A.Sempervirens Capital Management Limited Class EF FundCitigroup Global Markets LimitedNomura International PLCHansard Europe LimitedKasbank Effecten Bewaarbedrijf N.V.Citibank Korea Inc.Deutsche Bank Trust Company AmericasBanca Cesare Ponti SPAANDBanc Andorra, AKA Andorra Banc Agricol Reig, S.A.Israel Discount Bank, Limited, Tel AvivFondo HunterCredit Suisse Nominees (Guernsey) LimitedFS Oddo & CieOAMBanca Carige SPADelta S.P.A.Tayleigh Trust Company LimitedThe Reserve Trust (Tayleigh or Samantha Sackler 1996)Caliber Investments Ltd.Melrose Investments Ltd.Grand Cathay Securities (Hong Kong) LimitedKGI Asia LimitedNatixis, FKA IXIS Corporate and Investment BankHSBC Seoul Branch, Ltd.Catalunya Caixa, FKA Caixa Catalunya, AKA Caixa D'Estalvis de CatalunyaCredit Suisse Nassau Branch Wealth Management, AKA Credit Suisse Wealth Management LimitedRBC Dexia Investor Services Espana S.A.Millenium Multi-Strategy FundSEI Investments Trustee and Custodial Services (Ireland) Ltd., Nominee A/C 1Bank of Ireland Nominees LimitedInvestec Bank (Switzerland) AGDeutsche Bank (Suisse) SA GeneveOddo & CieRBC Investor Services Bank SA, FKA RBC Dexia Investor Services Bank SACaceis Bank LuxembourgCDC ICM the GHOS Portfolio, AKA CDC IXIS Capital Markets, AKA CDC IXIS Capital Markets North America Inc.Eurogate Farad Global NicheICIB Atlantique Alpha MasterICIB Centre France Alpha Prot Master more loading

Amicus Curiae

Securities Industry and Financial Markets Association

Other Parties

Naidot & Co., Appellee USA Fairfield Sentry Limited, (In Liquidation) acting by and through the Foreign Representative thereof, and Kenneth Krys, solely in his capacity as Foreign Representative and Liquidator thereof, Debtor - Appellant Fairfield Sentry Limited