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

Law360, New York (March 9, 2012, 8:14 PM EST) -- 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 Information

Case Title

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

Case Number



New York Southern

Nature of Suit

Bankruptcy Withdrawal


Jed S. Rakoff

Date Filed

May 26, 2011

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