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Irving H. Picard (born June 26, 1941) is a partner in the law firm BakerHostetler. He is known for his recovery of funds from the Madoff investment scandal from investors, Bernie Madoff and his family, and their spouses and estates.
Sep 24, 2020 · The 2nd U.S. Circuit Court of Appeals in Manhattan upheld lower-court decisions in cases filed by Irving Picard, a court-appointed trustee who has recovered money for cheated investors for over a decade. Madoff, 82, is serving a 150-year prison sentence imposed after he pleaded guilty to federal charges in 2009.
On May 7, 2009, Madoff Bankruptcy Trustee, Irving Picard filed a lawsuit against J. Ezra Merkin, seeking to recover almost $500 million withdrawn from Madoff accounts in the prior six years. The complaint alleged that since 1995, Merkin steered more than $1 billion to Madoff through three private hedge funds, Ascot Partners , Ariel Fund, and ...
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Nov 30, 2018 · The U.S. District Court for the Southern District of New York appoints Irving H. Picard as SIPA Trustee for the liquidation of the Bernard L. Madoff Investment Securities brokerage firm and appoints Baker & Hostetler LLP as counsel to Mr. Picard.
May 24, 2024 · New York T +1.212.589.4688. Email. “The ‘practical and cost-effective’ Irving Picard…can ‘supervise a very complex case very effectively.'”. — Chambers USA 2015. Throughout his more than 50-year legal career, Irving Picard has focused his practice on the complexities of bankruptcy, restructuring and creditors’ rights, and he is ...
Sep 28, 2022 · An additional $14.54 billion has been recouped for customers of the former Bernard L. Madoff Investment Securities LLC by Irving Picard, the trustee liquidating that firm in bankruptcy. That ...
Dec 17, 2010 · The settlement — announced Friday afternoon by federal prosecutors and Irving Picard, the court-appointed trustee of the Madoff recovery fund — means that Picard has now recovered more than $10...
