Madoff Lawsuits Trail Hollywood as First Case Reaches EU Court

By Stephanie Bodoni, Bloomberg News

It’s been so long they’ve already made a movie and a mini-series. But nearly a decade after Bernard Madoff’s Ponzi scheme was discovered, many European investors are still waiting for the resolution of endless lawsuits stalled in Luxembourg courts.

The European Union’s top court was asked at a hearing last week to rule on its first Madoff-related dispute -- a fund executive’s fight for access to confidential files that he says may vindicate him held by Luxembourg’s financial regulator, including ones concerning UBS Group AG .

The case, referred to the EU Court of Justice ...