Shearman advises Boston charity over Madoff losses
Shearman & Sterling has landed a lead role advising one of the largest victims of US hedge fund manager Bernard Madoff’s $50bn (£33bn) pyramid scheme. New York-based partners Steven Molo and James Garrity are leading a team advising Boston-based philanthropists Carl and Ruth Shapiro, who invested in excess of $500m (£329m) in the Madoff funds. […]