December 2, 2011
by Rebecca DiLeonardo
An order made public Thursday awarded Madoff trustee Irving Picard the right to appeal the dismissal of his $19 billion suit against JPMorgan Chase & Co.. >Judge Colleen McMahon of the US District Court for the Southern District of New York indicated in her order that, in the interest of an ...[read more]
April 14, 2008
by David Frueh
A federal judge on Monday sentenced Samuel Israel, III, co-founder of collapsed hedge fund Bayou Group, to 20 years in prison. US District Judge Colleen McMahon also ordered Israel to make $300 million in restitution and forfeit interests in a $100 million account. In 2005, both Israel and Chief ...[read more]

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