$37 Million and Counting Paid to Madoff Trustee, Firm

Last month, Baker & Hostetler, the law firm of Madoff bankruptcy trustee Irving Picard, asked the court to award it another $21.28 million in attorneys’ fees for work performed in the five months ending September 2009. Yesterday, that request was granted by the federal bankruptcy court in Manhattan, bringing the total attorneys’ fees awarded to the trustee and his firm to $37.5 million. Full details are available in this post on my Enforcement Action blog over at Compliance Week.