On April 9, 2009, Irving Picard sued Gibraltar-based Banque Jacob Safra in Manhattan Federal Bankruptcy Court seeking $150 million[REF] Madoff wired as a "preferential payment"[REF] to the bank, invested on behalf of Vizcaya Partners, a British Virgin Islands company.
On May 1, 2009, Picard filed a lawsuit against Stanley Chais, 82.