May 11, 2017
Disgraced financier J. Ezra Merkin urged a New York bankruptcy judge to not let the trustee for Bernie Madoff's fraudulent investment firm cripple Merkin's defenses at an upcoming trial to claw back Ponzi scheme proceeds, arguing Wednesday that certain testimony should not be barred.
May 04, 2017
The Royal Bank of Scotland on Thursday dodged facing a direct Second Circuit appeal in a $22 million Bernie Madoff Ponzi scheme clawback case, as a New York bankruptcy judge ruled that the international comity issues at hand do not necessitate a direct appeal.
April 11, 2017
Portions of a transcript from a December deposition of Ponzi schemer Bernie Madoff that go beyond the permissible scope of testimony about his former associate Jeffry Picower are to remain confidential in any publicly available version, a New York bankruptcy judge ruled Monday.
April 10, 2017
A New York bankruptcy judge has blessed the Madoff liquidator's decision to deny $392,000 in claims from parties who said they were customers of the failed investment firm but who, in reality, were account cotenants, saying Monday that the difference is key.
April 10, 2017
Looking to blunt the defenses of disgraced financier J. Ezra Merkin at an upcoming trial to claw back Bernie Madoff Ponzi scheme proceeds, the trustee for the fraudulent investment firm asked a New York bankruptcy court on Friday to bar various talking points that amount to "hearsay" testimony.
March 07, 2017
A New York bankruptcy judge on Tuesday said that a proposed $64.8 billion class action brought by Bernard L. Madoff Investment Securities LLC customers against former Madoff associate Jeffry Picower is blocked by a 2011 settlement, pointing to the dismissal of a similar suit.
January 30, 2017
A New York bankruptcy judge on Monday said evidence supported the notion that disgraced financier J. Ezra Merkin was willfully blind to Bernie Madoff's Ponzi scheme and rejected Merkin's attempt to avoid trial in a clawback suit involving hundreds of millions of dollars.
November 21, 2016
BakerHostetler on Friday asked a New York bankruptcy judge for more than $33.8 million in fees for its work unraveling Bernie Madoff's bogus securities firm and securing money to pay back victims of his massive Ponzi scheme.
October 31, 2016
Irving Picard, the court-appointed trustee liquidating Bernie Madoff's fraudulent investment firm, has urged a New York bankruptcy judge to exempt him from testifying in an upcoming hearing, calling a law firm's bid to have him do so a harassment attempt.
October 28, 2016
The family of a prominent Bernie Madoff investor has agreed to settle long-standing litigation brought by a court-appointed trustee and California's attorney general in a deal that will recoup victims of the massive fraud up to $277 million, according to papers filed Friday in New York bankruptcy court.