David Sheehan is a veteran trial lawyer who has received national recognition for his achievements in law and who remains at the forefront of major, ongoing global cases. Throughout his career, David has litigated cases in federal and state courts before judges and juries. He brings rich experience to his clients, including trial preparation for litigation and counseling clients accordingly, and he focuses his work in the areas of business litigation, bankruptcy, and intellectual property. David is a fellow in the American College of Trial Lawyers and a Life Fellow of the American Bar Foundation. He has been listed as one of The Best Lawyers in America© since 2003.
Since December 2008, David has served as Chief Counsel to the Securities Investor Protection Act (SIPA) Trustee for the global liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS), one of the largest financial frauds in U.S. history. As Chief Counsel, David oversees the unprecedented BLMIS liquidation on a global basis, managing more than 200 lawyers across the country as well as international legal teams, to investigate, unravel, and reconstruct the Madoff fraud for the benefit of BLMIS customers with allowed claims. Under his leadership, more than 1,000 lawsuits have been filed, involving approximately 4,000 defendants worldwide and seeking tens of billions of dollars in asset recovery. David is engaged daily in the full range of U.S. legal venues, including the U.S. Bankruptcy, District, Second Circuit, and the Supreme Court, and in more than 30 international jurisdictions. As of May 2014, the SIPA Trustee and his legal teams have recovered or entered into agreement to recover more than $9.8 billion and have distributed more than $5 billion to BLMIS customers with allowed claims. Combined with $812.2 million in cash advances from SIPC to speed some financial relief BLMIS customers with allowed claims, nearly $6 billion has been returned to victims. (For more information on the liquidation, visit www.madofftrustee.com.)