Madoff, Picard and charities: a comparison of treatment of the Lautenberg Foundation and the Wilpon/Katz foundations - Part 2 - Installment 52

This is the fifty-second in a series of installments on this blog that are discussing issues arising in the aftermath of the global Ponzi scheme perpetrated by Bernard L. Madoff (“Madoff”).

Filed under:
USA, Insolvency & Restructuring, Non-profit Organizations, White Collar Crime, Fox Rothschild LLP, Bankruptcy, Charitable organisation, Fair market value, 501(c) organisation, Bénéfice, Form 990, Internal Revenue Service (USA), US Senate
Authors:
Alain Leibman
Location:
USA
Firm:
Fox Rothschild LLP
Can Picard pull off a squeeze play by using his $5.2 million lawsuit against JASA to place pressure on Saul Katz of the Mets?

A continuing theme of this blog series on Madoff has been the perplexing and inconsistent manner, virtually to the point of arbitrariness and unfairness, with which Trustee Irving Picard has handled charities that invested with Madoff.  Installment

Filed under:
USA, New York, Insolvency & Restructuring, Litigation, White Collar Crime, Fox Rothschild LLP, Bankruptcy, Board of directors, Form 990, The New York Times, Trustee
Authors:
Alain Leibman
Location:
USA
Firm:
Fox Rothschild LLP
Madoff, Picard and charities: a comparison of treatment of the Lautenberg Foundation and the Wilpon/Katz foundations - Part 2 - Installment 52

This is the fifty-second in a series of installments on this blog that are discussing issues arising in the aftermath of the global Ponzi scheme perpetrated by Bernard L. Madoff (“Madoff”).

Filed under:
USA, Insolvency & Restructuring, Non-profit Organizations, White Collar Crime, Fox Rothschild LLP, Bankruptcy, Charitable organisation, Fair market value, Bénéfice, Form 990, Internal Revenue Service (USA), US Senate
Authors:
Alain Leibman
Location:
USA
Firm:
Fox Rothschild LLP