Chief Judge: Scott Rothstein's Firm Has "No Money" and Is Going Into Receivership
Broward County Chief Judge Victor Tobin sent out an email to all Broward County judges this morning informing them that the firm of Rothstein Rosenfeldt Adler is filing a motion to have a receiver appointed for the law firm.
"[I]f you have a case with the firm please be patient I don't know if the lawyers will come or not and if they do come there is no money at this point to go forward with the case or pay firm employees," Tobin wrote.
The text of Tobin's incredible email comes after jump.
To: ALL JUDGES, ALL JAS
From: Judge Tobin/17THCircuit
Date: 11/02/2009 6:45AM
Subject: RE Rothstein Rosenflelt [sic] and Adler
I learned of some very distressing news yesterday. Rothstein Rosenfeldt and Adler will be asking us to appoint a receiver for the law firm today. Please whoever draws the case try to set the motion today because of the amount of clients and money involved. Also if you have a case with the firm please be paitent I don't know if the lawyers will come or not and if they do come there is no money at this point to go forward with the case or pay firm employees. They need to a receiver apointed a quickly as possible to marshall whatever is left of the assets.
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