Mets Owners May Take Stand At $303M Madoff Clawback Trial

Law360, New York (March 09, 2012, 8:14 PM ET) -- The owners of the New York Mets could be forced to testify in the clawback trial over $303 million they withdrew from Bernard L. Madoff before his Ponzi scheme collapsed, a defense attorney said Friday.

Madoff trustee Irving Picard may call Mets owners Saul Katz and Fred Wilpon as so-called adverse witnesses, their attorney Robert F. Wise Jr. of Davis Polk & Wardwell LLP said at a pretrial conference before U.S. District Judge Jed S. Rakoff.

The owners' legal team is slated to go to trial...
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Case Title

Irving H. Picard v. Saul B. Katz et al


Case Number

1:11-cv-03605

Court

New York Southern

Nature of Suit

Bankruptcy Withdrawl

Judge

Jed S. Rakoff

Date Filed

May 25, 2011

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