Gibraltar Agrees To $65M Deal To Skirt Rothstein Claims

Law360, New York (September 17, 2012, 10:10 PM EDT) -- The trustees for a bankrupt feeder fund and law firm of convicted Ponzi schemer Scott W. Rothstein sought approval for an amended $65 million settlement with a bank Rothstein used in his scam, according to a Monday court filing.

Robert Furr, Chapter 7 trustee for Banyon 1030-32 LLC, and Herbert M. Stettin, the Chapter 11 Trustee for Rothstein Rosenfeldt Adler PA, have agreed to an injunction enjoining and permanently barring them from any claims against Gibraltar Private Bank and Trust Co. and its directors and officers...
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