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: The AM Law DailyRecord-Setting Madoff Settlement Announced With Picower Estate
By Brian Baxter
The trustee for Bernard L. Madoff Investment Securities and the U.S. attorney's office in Manhattan have announced a settlement with the estate of Jeffry Picower, the longtime Madoff investor who died in October 2009. The settlement will reportedly be the largest civil forfeiture payment in U.S. judicial history.
Full post as published by The AM Law Daily on December 17, 2010 (boomark / email).
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