Fort Lauderdale attorney William Scherer is seeking to convert the Rothstein Rosenfeldt Adler Chapter 11 bankruptcy to Chapter 7. This move aims for quicker liquidation but may sacrifice additional litigation claims. Scherer represents investors affected by Scott Rothstein's Ponzi scheme. The motion challenges the current bankruptcy trustee, Herbert Stettin, and his exit plan, which includes a controversial settlement with TD Bank. The plan has faced multiple objections, particularly regarding litigation against TD Bank, which was implicated in Rothstein's fraud.
documents/EFTA01120389.pdf
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