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Home | BakerHostetler

To Help the New Administration Help Your Industry, You Need an Agency Strategy (Real Estate Finance Journal)

Artie McConnell Comments on Upcoming DOJ Data Security Program in Dark Reading Article

IP Intelligence Report

US Patents Set to Issue 33 Percent Faster from the Notification Date

Alexander Reid Presents Update on Nonprofit Legislation, Regulation at Illinois CPA Society Symposium

On January 13, 2014, a Law360 article, bylined by Stephanie Russell-Kraft and entitled "High Court Wants DOJ Opinion On Madoff Trustee Suit," reported on the work of BakerHostetler Partners <a href="http://bakerlaw.com/DavidJSheehan">David J. Sheehan</a>, <a href="http://bakerlaw.com/DavidBRivkinJr">David B. Rivkin Jr.</a>, <a href="http://bakerlaw.com/OrenJWarshavsky">Oren J. Warshavsky</a>, <a href="http://bakerlaw.com/LeeACasey">Lee A. Casey</a>, and <a href="http://bakerlaw.com/MarkWDeLaquil">Mark W. DeLaquil</a>, and Associates <a href="http://bakerlaw.com/SeannaRBrown">Seanna Brown </a>and <a href="http://bakerlaw.com/AndrewMGrossman">Andrew Grossman</a>, as well as SIPA Trustee and BakerHostetler Partner <a href="http://bakerlaw.com/IrvingHPicard">Irving H. Picard</a>. "The Supreme Court on Monday asked the Department of Justice to weigh in on whether the liquidation trustee for Bernard Madoff's investment group can pursue cases seeking billions of dollars in damages from <a href="https://urldefense.proofpoint.com/v2/url?u=http-3A__www.law360.com_company_jpmorgan-2Dchase-2Dco&d=AwMF-g&c=tlFs99Fl3Rlo51LXUBQcug&r=UFdbpzailZpmzzYC61MCkRvcSGlPrLG-6ThjvHDxxko&m=4KVHuVF3CHNVZZ2CBlM_4BU8C7sdSwxL6U4kvaeuRX4&s=LdILWEjgIcJGGZrZY3j78FZN08TBTnJSsrbz_UDEzAg&e=">JPMorgan Chase & Co</a>. and other banks he alleges facilitated Madoff's Ponzi scheme," wrote Ms. Russell-Kraft. The article references the basis for the petition, stating, "Picard, Securities Investor Protection Act trustee for Bernard L. Madoff Investment Securities LLC, claims SIPA trustees can legally pursue compensation from third parties collaborating with a broker to defraud their customers because SIPA's right to subrogation isn't limited to customers' SIPA claims against a failed brokerage's estate, according to his petition for writ of certiorari."  The case is Picard v. JPMorgan Chase & Co. et al., case number 13-448, in the U.S. Supreme Court.  <a href="http://www.law360.com/articles/500618/high-court-wants-doj-opinion-on-madoff-trustee-suit">Read the article</a> (Subscription required).

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Law360 article on SCOTUS Request for DOJ Opinion on SIPA Trustee’s Petition for Writ of Certiorari names BakerHostetler attorneys

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