Mets’ Ground Rules Set for $303 Million Trial Over Madoff Profit
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The New York Mets owners will face a decision by nine jurors whether they have to pay $303 million to the trustee liquidating Bernard Madoff’s former firm in a trial to begin March 19 in Manhattan.
U.S. District Judge Jed Rakoff, in a hearing yesterday, set the number of jurors and other ground rules for the trial of trustee Irving Picard’s claims against Mets owners Fred Wilpon, Saul Katz and a group of related defendants.