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Legal News

: The AM Law Daily

Report: Madoff Trustee Recoups $1.5 Billion

By Brian Baxter

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Irving Picard, the Baker & Hostetler partner and trustee tasked with liquidating the estate of Bernard L. Madoff Investment Securities, submitted an 83-page interim report to a bankruptcy court in Manhattan on Monday stating that $1.5 billion in assets so far have been recouped for out-of-pocked investors.

Full post as published by The AM Law Daily on April 13, 2010 (boomark / email).

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