Rothstein Trustee Makes Push For Controversial Exit Plan

Law360, Miami (March 20, 2013, 7:13 PM EDT) -- Tensions flared in a packed Florida bankruptcy courtroom on Wednesday as the trustee overseeing the liquidation of Ponzi schemer Scott Rothstein's firm made the case for his controversial Chapter 11 exit plan, which includes a $72 million deal with TD Bank NA that has drawn the ire of creditors.

Rothstein Rosenfeldt Adler PA bankruptcy trustee Herbert Stettin asked U.S. Bankruptcy Judge Raymond Ray to "cut through a lot of the noise," arguing that the plan "is in the best interest of a great number of creditors"...
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