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Irving H. Picard (born June 26, 1941) is a partner in the law firm BakerHostetler. He is known for his recovery of funds from the Madoff investment scandal from investors, Bernie Madoff and his family, and their spouses and estates.
Nov 30, 2018 · The U.S. District Court for the Southern District of New York appoints Irving H. Picard as SIPA Trustee for the liquidation of the Bernard L. Madoff Investment Securities brokerage firm and appoints Baker & Hostetler LLP as counsel to Mr. Picard.
Throughout his more than 50-year legal career, Irving Picard has focused his practice on the complexities of bankruptcy, restructuring and creditors’ rights, and he is a leader in the field of trusteeships and receiverships.
On June 12, 2009, a lawsuit was filed against SIPC's Bankruptcy Trustee, Irving Picard by Maureen Ebel, Roger and Diane Peskin claiming his breach of fiduciary duty for failing to follow rules to make payments to Madoff victims. Picard demanded the Peskins pay back $113,000 they withdrew from Madoff in the 90 days before the firm closed.
Sep 24, 2020 · The 2nd U.S. Circuit Court of Appeals in Manhattan upheld lower-court decisions in cases filed by Irving Picard, a court-appointed trustee who has recovered money for cheated investors for over a decade.
Apr 14, 2021 · So far Irving Picard, an attorney who is overseeing the liquidation of Madoff’s firm, has clawed back more than $14.4 billion in recoveries and settlement agreements.
Dec 16, 2018 · Irving Picard, a lawyer leading the liquidation the collapsed investment firm, says lawsuits and forensic accounting have gotten back almost 70 percent of what was feared lost — some $13 billion.
Dec 7, 2010 · Meet Irving Picard, the lawyer with the toughest task in the world. The Madoff liquidation trustee is dealing with thousands of investor compensation claims and tackling some of the world's biggest banks. By. Vivek Ahuja.
Dec 22, 2010 · On December 17, Irving Picard (LL.M .'67), the court-appointed trustee for the victims of Bernard Madoff’s Ponzi scheme, and Preet Bharara, the United States attorney in Manhattan, announced that they had recovered $7.2 billion to help compensate victims for their losses.
Dec 17, 2010 · The settlement — announced Friday afternoon by federal prosecutors and Irving Picard, the court-appointed trustee of the Madoff recovery fund — means that Picard has now recovered more than $10...
