Bankruptcy

Recent Posts

As Madoff Five Year Anniversary Approaches, Investors Denied Time-Based Damages
Posted on 8 Oct 2013 by Kelley Drye & Warren LLP

Two months from now will bring the five year anniversary of the unraveling of Bernie Madoff’s Ponzi scheme, one of the bookends, along with the collapse of Lehman Brothers ., of the extraordinary Fall of 2008 . To date, Trustee Irving Picard has... Read More

Madoff’s Brother Agrees to $90M Settlement in Trustee Lawsuit
Posted on 7 Feb 2013 by Timothy Raub

NEW YORK - (Mealey's) The brother of convicted Ponzi scheme mastermind Bernard L. Madoff has agreed to pay more than $90 million to settle claims that he participated in his brother's massive Ponzi scheme but could escape any payment under... Read More