Madoff Trustee Continues Pursuit Of Family Assets

Law360, New York (November 30, 2010, 6:12 PM EST) -- The trustee overseeing the liquidation of Bernard L. Madoff Investment Securities LLC has teamed up with British lawyers to pursue assets connected with the Ponzi scheme, including a yacht owned by Madoff's wife and an Aston Martin car owned by his brother.

Baker and Hostetler LLP partner Irving Picard, the court-appointed trustee, on Monday asked the U.S. Bankruptcy Court for the Southern District of New York for permission to enter into a joint litigation agreement with three Grant Thornton UK LLP accountants in charge of the...
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