CORRECTED: Disclosure Statement OK'd In Rothstein Firm Bankruptcy

Law360, New York (May 29, 2013, 4:49 PM ET) -- The Chapter 11 liquidation of Ponzi schemer Scott Rothstein's law firm is inching toward completion after a Florida bankruptcy judge Wednesday approved an amended disclosure statement for an exit plan that limits a provision barring suits against TD Bank NA, an attorney familiar with the case said.

U.S. Bankruptcy Judge Raymond Ray's approval paves the way for creditors to vote on the plan and comes after Judge Ray in April denied an initial disclosure statement filed by Rothstein Rosenfeldt Adler PA's trustee Herbert Stettin, saying he...
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