Irving Picard
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Irving H. Picard | |
---|---|
Born | (LLM) | June 26, 1941
Occupation | Attorney |
Employer | BakerHostetler |
Known for | Recovery of funds from the Madoff investment scandal |
Irving H. Picard (born June 26, 1941)[1] 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. Throughout the ordeal, Picard's law firm was paid approximately $1 billion.[2]
Early life
Picard was born in
In August 1938, Julius and Claire Picard immigrated with their children from
Education and legal career
Picard graduated from the University of Pennsylvania with a B.S. degree in Economics (1963) from Boston University School of Law with a J.D. degree (1966), and from the New York University School of Law with an LL.M. degree (1967).[6][7]
In the 1970s, he was variously Assistant General Counsel, Acting Chief Counsel, and Trial Attorney in the Division of Corporate Regulation of the
Recovery of funds from Madoff scandal
In 2008, U.S. District Judge of the
Kathy Bazoian Phelps, a lawyer at Diamond McCarthy, said "That kind of recovery is extraordinary and atypical", as
References
- ^ "BirthDatabase"
- ^ Madoff: The Monster of Wall Street. 2023. Retrieved 2023-02-16.
- ^ a b c "Meet Irving Picard, the lawyer with the toughest task in the world," Financial News.
- ^ a b "Meet Madoff?s match", Detroit Legal News. Accessed September 28, 2022.
- ^ a b c "Guide to the Julius Picard Family Collection, 1732-1991 AR 3586 / MF 1114". Accessed September 28, 2022.
- ^ a b "New York State Unified Court System Attorney Directory". Retrieved May 31, 2009.
- ^ a b United States Congress. Senate Committee on the Judiciary. Subcommittee on the Constitution. "Balancing the Budget: Hearing Before the Subcommittee on the Constitution of the Committee on the Judiciary, United States Senate, Ninety-seventh Congress, First Session, on S.J. Res. 58, Phoenix, Ariz., May 29, 1981."
- ^ "Madoff money in the hands of Durfee grad", The Herald News.
- ^ Rich, Frank (February 12, 2011). "At Last, Bernie Madoff Gives Back [OpEd]". New York Times.
- ^ a b "Madoff's Victims Are Close to Getting Their $19 Billion Back", Bloomberg.com. Accessed September 28, 2022.
- ^ "Madoff customer payout tops $12 billion", Reuters.com. Accessed September 28, 2022.
- ^ "Record-Setting Madoff Settlement Announced with Picower Estate", The Am Law Daily. Accessed September 28, 2022.
- ^ "$7.2 Billion Picower Settlement: Payday for Madoff Victims" The Daily Beast. Accessed September 28, 2022.
Bibliography
- Irving Picard: The Lawyer Behind The $10B Haul For Madoff Victims Huffington Post
- Letter to Gene L. Dodaro Comptroller General of the United States Government Accountability Office from Congress requesting probe
- Trustee, SEC Should be Probed -US Reps[dead link]
- July 27, 2011 Madoff Trustee's Actions to Be Probed by GAO, Representative Garrett Says