How They Won It: Skadden Sinks Madoff Trustee's $59B Suit

Law360, New York (March 19, 2012, 6:16 PM EDT) -- To prove that $59 billion in claims the trustee for Bernard Madoff's estate brought against UniCredit SpA and Pioneer Global Asset Management SpA were based on shaky allegations, Skadden Arps Slate Meagher & Flom LLP attorneys used a systematic strategy, attacking in turn each point where the claims fell short.

Skadden litigation partners Susan L. Saltzstein and Marco E. Schnabl won the dismissal of the claims in one of dozens of suits brought by trustee Irving Picard to recovery money for the Madoff estate. They first...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.