But he disallowed a claim that would have made it easier to recover money from the two men.
Rakoff also disallowed a claim by the trustee that would have made it much easier for him to have pursued the return of hundreds of millions of dollars.
The amendment would disallow a lender's claim if that lender had violated the Truth in Lending Act.
Mervyn L. Hecht, author of How to Make Money With Stock Options: A Basic Guide for the Conservative Investor, is in U.S. Tax Court fighting a decision to disallow a loss of $273,515 he claimed in 2000 from an options trading partnership.
In October the IRS disallowed a $7 million loss claimed in 1997 by a partnership owned by Lerner, Bosack and their San Francisco money manager, David C. Soward.
Baeza, who rode Arts and Letters, lodged a claim of foul against Hartack, who was on Majestic Prince, and the stewards took 26 minutes to decide to disallow the claim.
Elsewhere, Leicester manager Nigel Pearson called Mike Dean "arrogant" after his performance in the Foxes' 4-3 defeagainstnsTottenhamandand manager Aitor Karanka claimed an assistant referee laughed after disallowing a goal for his Middlesbrough side in their 3-0 defeat by Bournemouth.
The Ross County manager, Jim McIntyre, claimed it was "crystal clear" that the referee, Don Robertson, made the wrong decision after he disallowed a Michael Gardyne goal in the 2-2 Scottish Premiership draw with St Mirren in Paisley.
He disallowed a clear goal earlier in the match".
Brines had disallowed a goal by Hearts against Ayr United.
They did, however, disallow sectarian claims for financial support and for a place in public education.
