Saturday, September 21, 2013

Rothstein Estate Gets Revenue From Versace Mansion Auction


Law360, Miami (September 18, 2013, 4:39 PM ET) -- 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...

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Rothstein Estate Gets Revenue From Versace Mansion Auction

3 comments:

  1. ThelmaSaturday, September 21, 2013 5:24:00 AM

    I don't understand this story.

    ReplyDelete
  2. CalebSaturday, September 21, 2013 9:30:00 AM

    Is this good or bad? If it goes to Rothstein's estate, does that then subject it to restitution from his victims?

    ReplyDelete
  3. StandUpSaturday, September 21, 2013 10:36:00 AM

    I'm a bit confused too, but surely this would make the proceeds accessible for the many Rothstein victims?

    ReplyDelete