We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Zucker Goldberg Creditors Seek To Recover $4.6M

Law360, New York (August 3, 2017, 9:20 PM EDT) -- An unsecured creditors committee of defunct New Jersey foreclosure law firm Zucker Goldberg & Ackerman LLC is seeking to claw back $4.6 million it claims the firm spent on members’ car leases and personal credit cards, most of which was used to pay off American Express accounts for firm principal Michael Ackerman and other firm insiders.

Collectively, the seven adversary complaints the committee filed Tuesday claim nearly $4.6 million was paid out to the credit and car leasing companies in the years before the firm filed for Chapter 11 protection...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.