Jaffe Tries To Enforce $550M Deal In Madoff Case

Law360, New York (March 23, 2011, 11:15 PM EDT) -- Robert Jaffe, a close associate of Bernard L. Madoff and son-in-law of philanthropist Carl Shapiro, is appealing a New York bankruptcy judge's ruling denying his request to enforce a $550 million settlement with the Madoff trustee and to stop suits brought by investors.

Jaffe appealed his case to the U.S. District Court for the Southern District of New York after Judge Burton L. Lifland of the U.S. Bankruptcy Court for the Southern District of New York said in February that the court lacked the jurisdiction to...
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