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Legal Commentary

: Res ipsa loquitur

Splendor in the Graft: Court-Appointed Trustee Sues Ruth Madoff for $45 Million After a ?Life of Splendor?

By jonathanturley

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When Ruth Madoff recently agreed to a deal with prosecutors under which she would retain millions, we expressed outrage and opined on the possibility of a civil “clawback” lawsuit. It has now happened. Court-appointed trustee Irving Picard accuses Madoff of a “life of Slendor” funded by illegally gained funds from her imprisoned husband [...]

Full post as published by Res ipsa loquitur on July 30, 2009 (boomark / email).

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