Picard Wins Another Madoff Clawback
June 06, 2022, US Bankruptcy Court for the Southern District of New York – In 2010, Irving H. Picard, the Trustee for the Substantively Consolidated SIPA Liquidation of Bernard L. Madoff Investment Securities LLC (“BLMIS”) brought the adversary proceeding to avoid and recover “fictitious” profits transferred from BLMIS to the Defendant, Estate of James M. […]