Irving Picard

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Name: Irving Picard
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First Reported May 15 2012 - Updated May 15 2012 - 1 Documents

Why Mets Will Wait To Extend Wright's Contract

In recent months the New York Mets have escaped the death grip of Irving Picard and brought in investors to get some relief from a heavy debt load. Now that the Mets has some breathing room, there is talk the MLB team will soon offer star third baseman ... [ Published May 15 2012 by Forbes.com ]
First Reported Apr 25 2012 - Updated Apr 25 2012 - 1 Documents

Picard Hits Homer vs. Mets

How many All-Star free agents could $162 million have bought the New York Mets? Unfortunately, Mets fans will never know because the money will be used to settle a lawsuit between Irving Picard and Mets owners Fred Wilpon and Saul Katz.Picard, the trustee ... [ Published Apr 25 2012 by AdvisorOne ]
First Reported Apr 16 2012 - Updated Apr 17 2012 - 1 Documents

Weekend Roundup

Let’s get to a few topics in this enjoyable 6-3 start for the Mets.First, this weekend’s series. Taking two of three on the road is an awfully good thing to do, period. Doing it against a divisional opponent is even better. The Mets were getting to face ... [ Published Apr 16 2012 by Lower Hudson Online ]
First Reported Apr 05 2012 - Updated Apr 05 2012 - 1 Documents

Mets, Niese agree to 5-year, $25.5M deal: source

Jonathon Niese can afford his own nose jobs in the future.In the Mets' first major move since resolving the lawsuit by the trustee in the Bernard Madoff Ponzi scheme, the team agreed with Niese on a $25.5 million, five-year contract, a person familiar ... [ Published Apr 05 2012 by MSN Canada ]
First Reported Mar 21 2012 - Updated Mar 21 2012 - 1 Documents

Alderson : What Part Of “We’re Still Broke” Don’t You Understand? (Pt. II)

Though a strong showing earlier today against St. Louis by the recovering Johan Santana provides a glimmer of hope for the 2012 New York Mets, the 2-1 defeat dropped the Amazingly Destitutes to a 4-12 Grapefruit League mark.  With the club already ... [ Published Mar 21 2012 by Can't Stop The Bleeding ]
First Reported Mar 20 2012 - Updated Mar 20 2012 - 1 Documents

Mets Notes: Ownership, Wilpons, Kazmir

The big news out of Citi Field today was the settlement of the lawsuit between the Mets' owners and Irving Picard, the trustee for Bernie Madoff's victims.  Here are some more items about the team, including fallout from the settlement... The Mets ... [ Published Mar 20 2012 by MLB Rumors - MLBTradeRumors.com ]
First Reported Mar 19 2012 - Updated Mar 20 2012 - 1 Documents

Mets’ Owners “Win” Court Settlement

The Wilpons and Madoff trustee Irving Picard reached a settlement today . Though both sides might try to spin the case as a win, it’s the Wilpons that should be happier about how this case came to an end. Irving Picard might choose to focus on the ... [ Published Mar 19 2012 by FanGraphs Baseball ]
First Reported Mar 19 2012 - Updated Mar 19 2012 - 1 Documents

Could the Mets Settle?

The New York Times notes that with a trial about to start, the Mets owners and Irving Picard may be more willing to settle in the Madoff case . The owners, outraged at the accusations of the trustee, said they were determined to restore their reputations, ... [ Published Mar 19 2012 by baseballmusings.com ]
First Reported Mar 19 2012 - Updated Mar 19 2012 - 3 Documents

Mets Owners Reach Settlement With Madoff Trustee

The Mets' owners settled the ongoing lawsuit against them this morning. They agreed to a $162MM settlement with Irving Picard, the trustee for those who lost money in Bernie Madoff's Ponzi scheme, Richard Sandomir of the New York Times tweets . Fred ... [ Published Mar 19 2012 by MLB Rumors - MLBTradeRumors.com ]
First Reported Mar 15 2012 - Updated Mar 15 2012 - 1 Documents

Burden of Proof

The Wilpons hold the burden of proof as they face the Madoff trustee lawsuit: This is a pretty big deal. I haven’t seen the exact ruling, but it would seem that rather than forcing trustee Irving Picard to prove that the Mets owners were willfully ... [ Published Mar 15 2012 by baseballmusings.com ]
First Reported Mar 05 2012 - Updated Mar 06 2012 - 2 Documents

The Mets Owners Are Headed to Trial

The ruling is in : Judge Jed S. Rakoff determined in this morning's crucial decision that Fred Wilpon and Saul Katz owe up to $83 million in "fictitious profits" to Irving Picard and company. They're also headed to further trial, beginning March ... [ Published Mar 05 2012 by The Sports Section ]
First Reported Feb 10 2012 - Updated Feb 10 2012 - 1 Documents

Picard Makes it So

Irving Picard has a star witness in his case against the Mets ownership regarding the Madoff Ponzi scheme. Here’s where it gets problematic for the Sterling partners. Harrington says she then met with Saul Katz, his son and fellow Sterling partner ... [ Published Feb 10 2012 by baseballmusings.com ]

More Content

All (40) | News (23) | Reports (0) | Blogs (17) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Life so much better for Wilpon, he now calls Wr... [ Published May 17 2012 by New York Post ]
Mets won't profit much from All-Star Game [ Published May 17 2012 by Newsday ]
ABN Amro, Feeder Funds Win Review of Madoff Tru... [ Published May 16 2012 by La Repubblica ]
Why Mets Will Wait To Extend Wright's Contract [ Published May 15 2012 by Forbes.com ]
Judge Rakoff Clarifies Limited Powers of U.S. B... [ Published May 10 2012 by La Repubblica ]
Picard Hits Homer vs. Mets [ Published Apr 25 2012 by AdvisorOne ]
Rakoff Thwarts Madoff Trustee Quest for New Jud... [ Published Apr 19 2012 by La Repubblica ]
Weekend Roundup [ Published Apr 16 2012 by Lower Hudson Online ]
Picard: Mets' cash flow a factor in settlement [ Published Apr 15 2012 by Newsday ]
MLB Preview: NL East [ Published Apr 05 2012 by Fox News Latino ]
Niese OKs new deal with Mets [ Published Apr 05 2012 by Record Online ]
Report: Niese, Mets agree to $25.5M deal [ Published Apr 05 2012 by FOXSports.com ]
Jonathon Niese, Mets agree to five-year deal [ Published Apr 05 2012 by Globe and Mail ]
Mets, Niese agree to 5-year, $25.5M deal: source [ Published Apr 05 2012 by MSN Canada ]
METS: Jonathon Niese agrees to five-year, $25.5... [ Published Apr 04 2012 by New Haven Register ]
Person familiar with negotiations: Jonathon Nie... [ Published Apr 04 2012 by Brandon Sun ]
Rakoff Is Asked to Move 400 More Madoff Suits a... [ Published Apr 03 2012 by La Repubblica ]
2012 Organizational Rankings: #20 – New York Mets [ Published Mar 29 2012 by FanGraphs Baseball ]
Week In Review: 3/18/12 - 3/24/12 [ Published Mar 26 2012 by MLB Rumors - MLBTradeRumors.com ]
Alderson : What Part Of “We’re Still Broke” Don... [ Published Mar 21 2012 by Can't Stop The Bleeding ]
Mets Notes: Ownership, Wilpons, Kazmir [ Published Mar 20 2012 by MLB Rumors - MLBTradeRumors.com ]
Mets’ Owners “Win” Court Settlement [ Published Mar 19 2012 by FanGraphs Baseball ]
Baseball team pays to settle Madoff case [ Published Mar 19 2012 by ONE News ]
Wilpon Dodges Meteorite, Settles With Picard [ Published Mar 19 2012 by Can't Stop The Bleeding ]
Mets Owners Reach Settlement With Madoff Trustee [ Published Mar 19 2012 by MLB Rumors - MLBTradeRumors.com ]
The Mets and Madoff Trustees Have Reached a $16... [ Published Mar 19 2012 by The Sports Section ]
The Mets' Owners Have Reached A Settlement With... [ Published Mar 19 2012 by Deadspin ]
Could the Mets Settle? [ Published Mar 19 2012 by baseballmusings.com ]
Burden of Proof [ Published Mar 15 2012 by baseballmusings.com ]
Mets Board Of Director: Madoff Was Family Secret [ Published Mar 07 2012 by SPORTSbyBROOKS ]
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2012 Organizational Rankings: #20 – New York Mets [ Published Mar 29 2012 by FanGraphs Baseball ]
Dave Cameron laid out the methodology behind the rankings last Friday . Remember that the grading scale for each category is 20-80, with 50 representing league average. 2012 Organizational Rankings #30 – Baltimore #29 – Houston #28 – Oakland ...
Week In Review: 3/18/12 - 3/24/12 [ Published Mar 26 2012 by MLB Rumors - MLBTradeRumors.com ]
It's time to take a look back at the week that was as we get closer and closer to Opening Day.. The Rangers agreed to terms with Derek Holland on a five-year, $28.5MM contract extension.  The deal covers the 2012-16 seasons and includes two club ...
Alderson : What Part Of “We’re Still Broke” Don... [ Published Mar 21 2012 by Can't Stop The Bleeding ]
Though a strong showing earlier today against St. Louis by the recovering Johan Santana provides a glimmer of hope for the 2012 New York Mets, the 2-1 defeat dropped the Amazingly Destitutes to a 4-12 Grapefruit League mark.  With the club already ...
Mets Notes: Ownership, Wilpons, Kazmir [ Published Mar 20 2012 by MLB Rumors - MLBTradeRumors.com ]
The big news out of Citi Field today was the settlement of the lawsuit between the Mets' owners and Irving Picard, the trustee for Bernie Madoff's victims.  Here are some more items about the team, including fallout from the settlement... The Mets ...
Mets’ Owners “Win” Court Settlement [ Published Mar 19 2012 by FanGraphs Baseball ]
The Wilpons and Madoff trustee Irving Picard reached a settlement today . Though both sides might try to spin the case as a win, it’s the Wilpons that should be happier about how this case came to an end. Irving Picard might choose to focus on the ...
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