Irving Picard

Type: Person

Name: Irving Picard

First reported May 18 2013 - Updated May 18 2013 - 1 reports

Lawyers Recovering Madoff Funds Have Collected $700M in Fees

Remember Bernie Madoff? He was convicted of what's considered to be the largest Ponzi scheme in history and sentenced to 150 years in prison.Lawyers and consultants have spent the past five years cleaning up the mess he left behind, and they're making ... [Published MoneyTalks News - May 18 2013]

Entities: Bernard Madoff, Irving Picard, Ponzi Scheme

First reported May 07 2013 - Updated May 07 2013 - 1 reports

Merkin investors must wait for Madoff payout

Payments delayed so trustee for Madoff’s victims can appeal Merkin’s $410 million settlement with NYAGEveryone burned by Bernard Madoff’s Ponzi scheme wants their money, and they want it now. But a few investors who lost big thanks to Madoff may have ... [Published Inside Counsel - May 07 2013]

Entities: Bernard Madoff, Eric Schneiderman, J Ezra Merkin, Bernard L Madoff Investment Securities LLC, Irving Picard

First reported May 06 2013 - Updated May 06 2013 - 1 reports

Bernard Madoff

$700B in fees racked up recovering Madoff's stolen money

UNDATED (CNN) -- Lawyers and consultants have racked up $700 million in fees as they work to recover money lost to Bernard Madoff's Ponzi scheme. They're trying to get back $17.5 billion.Madoff's scheme came crashing down with his arrest in December 2008. ... [Published Todaysthv.com - May 06 2013]

Entities: Irving Picard, Bernard Madoff, Ponzi Scheme

First reported May 06 2013 - Updated May 06 2013 - 1 reports

Madoff lawyers collect $700 million in fees

It really does take money to make money. So far, lawyers and other consultants have racked up $701 million in fees as they work to recover the $17.5 billion lost to Bernard Madoff's Ponzi scheme.That's less than half of the $1.6 billion legal tab associated ... [Published WDSU New Orleans - May 06 2013]

Entities: Bernard Madoff, Ponzi Scheme, Online Scams, Jeffry Picower, Internet Fraud

First reported May 03 2013 - Updated May 03 2013 - 2 reports

Madoff Trustee Appeals Ruling on New York’s Merkin Settlement

The Bernard Madoff brokerage liquidator appealed a federal judge’s ruling that blocked his move to stop New York Attorney General Eric Schneiderman from completing a $410 million settlement with J. Ezra Merkin.The settlement will compensate Merkin investors ... [Published BusinessWeek - May 03 2013]

Entities: Bernard Madoff, J Ezra Merkin, Stephen Farr, Manhattan, Irving Picard

First reported Apr 30 2013 - Updated Apr 30 2013 - 1 reports

Law firm's latest bill for Madoff liquidation is $50M, bringing total since his 2008 arrest to $440M

Since December 2008, when Bernard Madoff was arrested in a record-breaking Ponzi scheme operated under the guise of an investment firm, Irving Picard and his law firm have been handling the liquidation for the Securities Investor Protection Corp.A filing ... [Published ABA Journal - Apr 30 2013]

Entities: Bernard Madoff, Liquidation, Baker & Hostetler LLP

First reported Apr 22 2013 - Updated Apr 22 2013 - 1 reports

Robert De Niro: How I’m Preparing to Play Bernard Madoff

Robert De Niro: How I’m Preparing to Play Bernard Madoff (Bloomberg) — Producer Jane Rosenthal and Robert De Niro discuss their upcoming film on disgraced financier Bernie Madoff. They speak to Bloomberg’s Carol Massar on Bloomberg Television’s “In The ... [Published Foreclosure Fraud - Fighting Foreclosure Fraud ... - Apr 22 2013]

Entities: Bernard Madoff, Bernard L Madoff Investment Securities LLC, Robert De Niro, JPMorgan Securities LLC, Liquidation

First reported Apr 15 2013 - Updated Apr 16 2013 - 1 reports

Exclusive - U.S. regulator to fault

By Brett Wolf and Aruna Viswanatha(Reuters) - U.S. regulators plan to fault JPMorgan Chase & Co, which served as Bernie Madoff's main bank for two decades, for failing to conduct adequate due diligence and report suspicious activity, according to a person ... [Published Yahoo! UK and Ireland - Apr 15 2013]

Entities: JPMorgan Chase & Co, Bernard Madoff, Anti-Money Laundering

First reported Apr 15 2013 - Updated Apr 16 2013 - 3 reports

Madoff trustee’s “bluster” insufficient to block feeder fund settlement

Judge Jed Rakoff rejected Irving Picard’s bid to block a $410 million deal between the fund and the N.Y. Attorney GeneralU.S. District Judge Jed Rakoff has told Irving Picard, the trustee responsible for collecting money for Bernard Madoff’s victims, ... [Published Inside Counsel - Apr 16 2013]

Entities: Bernard Madoff, Irving Picard, Jed Rakoff

First reported Apr 01 2013 - Updated Apr 01 2013 - 1 reports

Madoff victims get back another $500 million

Some $506 million has been returned to victims of Bernard Madoff's Ponzi scheme, the largest in history, according to a Monday announcement by the office of trustee Irving Picard and the Securities Investor Protection Corp. ... [Published Latest financial news - CNNMoney.com - Apr 01 2013]

Entities: Bernard Madoff, Irving Picard, Securities Investor Protection Corporation

First reported Feb 18 2013 - Updated Feb 19 2013 - 1 reports

Bernie Madoff Frustrated with Irving Picard

Bernie Madoff wrote a series of emails to CNBC reporter Scott Cohn. In them he expresses his frustration while sitting in federal prison for the rest of his life. In his emails, he says that he is not being credited with the role he played in ... [Published JD Journal.com - Feb 18 2013]

Entities: Bernard Madoff, Irving Picard, Fraud, Frank DiPascali

First reported Jan 28 2013 - Updated Jan 28 2013 - 2 reports

NY AG Challenges Madoff Trustee Efforts To Block Merkin Pact

Madoff trustee Irving Picard shouldn’t be allowed to block a $410 million settlement between New York Attorney General Eric Schneiderman and money manager J. Ezra Merkin, whose funds served as large “feeders” to the convicted fraudster, Mr. Schneiderman’s ... [Published WSJ.com: Law Blog - Jan 28 2013]

Entities: Eric Schneiderman, J Ezra Merkin, Irving Picard, Money Manager

More Content

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Lawyers Recovering Madoff Funds Have Collected ... [Published MoneyTalks News - May 18 2013]
Merkin investors must wait for Madoff payout [Published Inside Counsel - May 07 2013]
$700B in fees racked up recovering Madoff's sto... [Published Todaysthv.com - May 06 2013]
Madoff lawyers collect $700 million in fees [Published WDSU New Orleans - May 06 2013]
Madoff Trustee Appeals Ruling on New York’s Mer... [Published BusinessWeek - May 03 2013]
Madoff Trustee Appeals Ruling on New York’s Mer... [Published Bloomberg - May 03 2013]
Credit Crunch Digest -- April 2013 [Published JD Supra - May 02 2013]
Law firm's latest bill for Madoff liquidation i... [Published ABA Journal - Apr 30 2013]
JPMorgan Chase’s record highlights doubts about... [Published Center For Public Integrity - Apr 30 2013]
Wanted: gutsy fraud fighters. An Interview with... [Published Fraud Magazine - Apr 30 2013]
Robert De Niro: How I’m Preparing to Play Berna... [Published Foreclosure Fraud - Fighting Foreclosure Fraud ... - Apr 22 2013]
Schneiderman says ruling that allows $410M Merk... [Published LegalNewsLine.com - Apr 16 2013]
Microsoft phone chief disses Apple IOS and Android [Published KansasCity.com - Apr 16 2013]
Madoff trustee’s “bluster” insufficient to bloc... [Published Inside Counsel - Apr 16 2013]
Judge slaps Picard, OKs Madoff deal [Published New York Post - Apr 16 2013]
Exclusive - U.S. regulator to fault [Published Yahoo! UK and Ireland - Apr 15 2013]
Exclusive: U.S. regulator to fault JPMorgan ove... [Published International Business Times UK - Apr 15 2013]
Madoff trustee cannot block $410 million Merkin... [Published WDBJ7.com - Apr 15 2013]
Madoff victims get back another $500 million [Published Latest financial news - CNNMoney.com - Apr 01 2013]
A.G. Defends Settlement With Feeder Funds From ... [Published Law.com - Newswire - Mar 12 2013]
The Daily Docket: US Airways Union Sues America... [Published WSJ.com: Bankruptcy Beat - Mar 07 2013]
The Daily Docket: ResCap Wins Exclusivity Exten... [Published WSJ.com: Bankruptcy Beat - Mar 06 2013]
JPMorgan Chase Questions Involvement of Lawyer ... [Published JD Journal.com - Feb 22 2013]
Bernie Madoff's Latest Email From Prison [Published Here is the city - Business News - Feb 21 2013]
Clive Palmer Misses Gala for Titanic II [Published JD Journal.com - Feb 20 2013]
Supreme Court Rules Against Hospital Merger in ... [Published JD Journal.com - Feb 19 2013]
Twitter Account of Burger King Hacked [Published JD Journal.com - Feb 18 2013]
Chrysler Announces Recalls of Trucks and SUVs [Published JD Journal.com - Feb 18 2013]
Bernie Madoff Frustrated with Irving Picard [Published JD Journal.com - Feb 18 2013]
Bernie Madoff Emails CNBC: 'I Wish I Went To Tr... [Published The Huffington Post \| Full News Feed - Feb 15 2013]