Rothstein Trustee Seeks $10M From Insurer

Law360, New York (March 12, 2012, 5:37 PM EDT) -- The Chapter 11 trustee for convicted Ponzi schemer Scott Rothstein's Florida law firm on Friday asked the liability insurer for the accounting firm that allegedly enabled Rothstein’s $1.2 billion scheme to pay the $10 million it had agreed to in their settlement.

In a motion filed in Florida bankruptcy court, trustee Herbert Stettin said the agreement between Lexington Insurance Co., defunct law firm Rothstein Rosenfeldt Adler PA and its accounting firm Berenfeld Spritzer Shechter & Sheer LLP has now become final after an appeal of the...
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