A creditors committee in the bankruptcy case of defunct law firm Rothstein Rosenfeldt Adler unsuccessfully tried Thursday to block salary paymentsto three employees in the wake of founder Scott Rothstein’s alleged $1.2 billion fraud.
The committee’s attorney opposed paying CFO Irene Stay and billing agent Aimee Villegas because of their possible involvement in the alleged Ponzi scheme. An objection also covered assistant managing shareholder Grant Smith for lack of financial hardship.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]