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…

Full Article and Source:
Rothstein Estate Gets Revenue From Versace Mansion Auction

Advertisements

3 Responses to “Rothstein Estate Gets Revenue From Versace Mansion Auction”

  1. Thelma Says:

    I don't understand this story.

  2. Caleb Says:

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

  3. StandUp Says:

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

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: