New Hurdle for Carlton Fields in Malpractice Suit Over Alleged $100M Fraudulent Transfer
The attorney representing the creditor trustee said the fraudulent transfer was valued at nearly $100 million.
September 15, 2020 at 01:04 PM
4 minute read
New trouble for Carlton Fields, embroiled in malpractice litigation alleging it represented opposing interests in a business deal involving Attorney's Title Insurance Fund, or ATIF.
Now, in a motion filed Friday, Dan Stermer, the creditor trustee in ATIF's bankruptcy case, argued that Carlton Fields is violating a plan injunction by challenging his standing to pursue the legal malpractice claims.
The dispute stems from the sale of ATIF's assets for a sales price that was allegedly well below their actual value.
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