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  1. Irving H. Picard (born June 26, 1941) [1] 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. Throughout the ordeal, Picard's law firm was paid approximately $1 billion. [2]

  2. Nov 30, 2018 · DEC 15. 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. 2008.

  3. 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.

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  5. The recovery of funds from the Madoff investment scandal has been underway since the scandal broke in December 2008. That month, recovery trustee Irving Picard received funds from the Bank of New York account where Bernard Madoff held new investments into his Ponzi scheme. As it has been concluded that no legitimate investments were made on the ...

  6. 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 ...

  7. Dec 16, 2018 · A Decade After Madoff Ponzi Scheme Failed, Money Is Still Being Recovered Irving Picard, a lawyer leading the liquidation the collapsed investment firm, says lawsuits and forensic accounting have ...

  8. Dec 9, 2022 · NEW YORK and WASHINGTON, Dec. 9, 2022 /PRNewswire/ -- Irving H. Picard, Securities Investor Protection Act (SIPA) Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS ...

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