$1.8M Deal Resolves Claims Over Farer Fersko Bankruptcy

Law360, New York (February 12, 2013, 6:08 PM EST) -- A New Jersey bankruptcy judge on Monday approved settlements totaling $1.8 million to resolve a lease dispute and a trustee's allegation that defunct environmental and real estate firm Farer Fersko PA fraudulently transferred its assets to another firm instead of its bankruptcy estate.

U.S. Bankruptcy Judge Rosemary Gambardella signed off on a deal in which Greenbaum Rowe Smith & Davis LLP agreed to fork over $720,000 in two installments to Farer Fersko’s trustee Benjamin Stanziale Jr. to settle claims it hired 13 Farer Fersko attorneys the...
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