Irving H. Picard — SPARQNOW

At-a-Glance

Partner at BakerHostetler since 2008.
Appointed trustee of assets seized from Bernard Madoff in 2008.
Led recovery of over $13 billion, approximately 76 percent of approved claims, from the Madoff investment scandal.
Achieved a $7.2 billion settlement in the Jeffry Picower case, the largest civil forfeiture payment in US history.
Served as Assistant General Counsel, Acting Chief Counsel, and Trial Attorney at the Securities and Exchange Commission (SEC) in the 1970s.
Earned a B.S. in Economics from the University of Pennsylvania (1963), a J.D. from Boston University School of Law (1966), and an LL.M. from New York University School of Law (1967).

Biography

Irving H. Picard is an American lawyer and a partner at BakerHostetler, recognized for his extensive work as the court-appointed trustee in the Madoff investment scandal. Appointed in 2008 by U.S. District Judge Lawrence McKenna, Picard has spearheaded the recovery of funds from Bernard Madoff, his family, and other beneficiaries.

Through his efforts, Picard and his team have recovered over $13 billion, which accounts for approximately 76 percent of approved claims.