Law360 Covers Firm’s Further Clawback of $22 million in $138 million 1031 Case

Golenbock Eiseman Assor Bell & Peskoe LLP’s successful work in obtaining $22 million in settlements from Citibank and three law firms on behalf of 1031 Debtors Liquidation Trustee Gerard McHale, Jr. (who is acting on behalf of victims of a large Ponzi scheme led by Edward Okun) was covered on Law360.com. Litigation partner Michael S. Devorkin, one of the partners who served as counsel for the Trustee, is quoted describing the 68% recovery so far obtained for victims, the effectiveness of the firm’s collaborative work with counsel for the class of victims, and the aggressive approach that the firm is taking on recovering assets in this case. The story can be found online here (subscription required).