Rothstein Estate Gets Revenue From Versace Mansion Auction
Law360, Miami (September 18, 2013, 4:39 PM EDT) -- Almost $700,000 of the $41.5 million sale price of Gianni Versace's former South Beach mansion will go toward the estate of Ponzi schemer Scott Rothstein's law firm, an attorney for the mansion's owner told a Florida bankruptcy court Wednesday.
Lawrence Pecan of Marshall Socarras Grant PL told U.S. Bankruptcy Judge Laurel M. Isicoff that the estate of Rothstein Rosenfeldt Adler PA would receive $692,109 of the auction proceeds under a deal hammered out in January settling a $4.92 million secured claim asserted by the law firm's estate because Rothstein had bought a $1 million stake in the property using his investors'...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!