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Jury To Hear Madoff Trustee’s Suit Against Mets Owners

U.S. District Judge Jed Rakoff ruled Wednesday in Manhattan that the trustee has the constitutional right to have a jury hear his $386 million lawsuit against the Mets owners, including Fred Wilpon and Saul Katz. In so ruling, Rakoff rejected the Mets owners’ claim that Picard had no right to a jury trial because he, like Madoff’s firm itself, could not bring fraudulent transfer claims, reports Reuters. Read more in FinAlternatives here.

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