Rothstein Trustee Amends TD Bank Shield Order In New Plan

Law360, Miami (May 9, 2013, 7:55 PM EDT) -- The trustee overseeing the liquidation of convicted Ponzi schemer Scott Rothstein's law firm on Wednesday filed an amended Chapter 11 exit plan that limits the scope of a controversial provision barring investor suits against TD Bank NA over its alleged role in the $1.2 billion scheme.

The amended plan carves out exceptions to the bar order for ongoing litigation against TD Bank filed by two groups of Rothstein investors led by Coquina Investments and Razorback Funding. The amended provision also does not bar any claim or...
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