Ruth Madoff Gets A New Lawyer
By: Ruth Madoof, the wife of accused Wall Street scammer Bernard Madoff, will get her own counsel, according to Ira Sorkin, defense attorney for Mr. Madoff.
Sorkin has been representing both Mrs. Madoff and her husband Bernie. Mr. Madoff confessed to authorities on Dec. 11 to running a $50 billion Ponzi scheme.
Sorkin said Mrs. Madoff decided to get her own lawyer as she has been sued in a number of civil cases.
Recently, Sorkin said Mrs. Madoff intended to fight prosecutors to claim $70 million in assets as hers alone.
Sorkin did not know who would be representing Mrs. Madoff.
In addition to the scheduled arraignment on Thursday, Madoff is also due to appear in court on Tuesday, where he is expected to waive any possible conflict of interest Sorkin might have.
Although Sorkin's family had invested with Madoff, the attorney himself claimed he hadn't.
Madoff must waive any potential conflict in open court, including waiving indictment and pleading guilty, before he can proceed in the case.
