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Thursday, May 11, 2017

Trustees Press Ponzi-Scheme Insurance Case At 11th Circ.

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The trustees for bankrupt Rothstein Rosenfeldt Adler PA told the Eleventh Circuit on Tuesday that the professional services exclusion in a directors and officers insurance policy does not bar coverage of a $50 million judgment owed by a bank over its alleged role in enabling a $1.2 billion Ponzi scheme run out of the law firm.

May 11, 2017 at 08:46AM

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