The U.S. Supreme Court has agreed to remove JPMorgan Chase & Co. from a list of respondents in the trustee for notorious Ponzi scheme mastermind Bernie Madoff’s petition to sue various banks for their alleged roles in the $64 billion scheme, according to documents filed with the court earlier this week. The high court on Monday granted a joint request to remove JPMorgan from the list, citing the settlement of trustee Irving Picard’s claims against the investment bank for $543 million, which a New York bankruptcy…More on Law360 here.
