NEW YORK (WABC) -- A new settlement will deliver more than $600 million to some of Bernie Madoff's victims.
Thema International, an Irish fund that invested all of its assets with Madoff, is set to receive $687 million.
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An approval hearing in bankruptcy court is set for next month.
The trustee for the liquidation of Madoff's company recovered or reached agreements to recover more than $12 billion so far.
AP
Former financier Bernard Madoff exits Federal Court in Manhattan, New York on Tuesday, March 10, 2009. (David Karp)