NY judge OKs law firm's US$14mil fees in Madoff liquidation


NEW YORK: A judge on Thursday approved the payment of US$14.6 million in fees charged by a Manhattan law firm working with a court-appointed trustee to unravel Bernard Madoff's massive fraud.

In a written order, U.S. Bankruptcy Judge Burton Lifland also signed off on a separate $760,000 bill from trustee Irving Picard for work starting in mid-December to locate and liquidate Madoff's assets.

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