Picard Fee Objector's Tactics 'Abusive': Judge

Law360, New York (June 1, 2011, 4:39 PM EDT) -- A New York bankruptcy judge on Wednesday approved a $42.2 million fee application by the trustee liquidating Bernard L. Madoff's estate and blasted an objector's tactics as "abusive."

Judge Burton R. Lifland reprimanded Helen Davis Chaitman of Becker & Poliakoff LLP, who represents about 800 Bernard L. Madoff Investment Securities LLC investors who were "net winners" of Bernard L. Madoff's criminal Ponzi scheme, for being the only objector to the trustee's fees out of the hundreds of lawyers and law firms involved in the case....
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