Motion to Approve Settlement

Document Sample
Motion to Approve Settlement Powered By Docstoc
					                 Case 09-34791-RBR           Doc 798        Filed 07/09/10       Page 1 of 20



                             UNITED STATES BANKRUPTCY COURT
                              SOUTHERN DISTRICT OF FLORIDA
                                FORT LAUDERDALE DIVISION
                                     www.flsb.uscourts.gov

IN RE:                                                       CASE NO.: 09-34791-RBR

ROTHSTEIN ROSENFELDT ADLER, P.A.,1                           CHAPTER 11

      Debtor.
____________________________________/

           MOTION TO APPROVE COMPROMISE AND SETTLEMENT
      BETWEEN THE CHAPTER 11 TRUSTEE AND MORSE OPERATIONS, INC.,
     EDWARD J. MORSE, CAROL MORSE, TED MORSE AND PATRICIA MORSE
                       [Evidentiary Hearing Requested]

            Herbert Stettin (“Stettin” or “Trustee”), the Chapter 11 Trustee of Rothstein Rosenfeldt

Alder, P.A. (“RRA” or “Debtor”), pursuant to Rule 9019(a) of the Federal Rules of Bankruptcy

Procedure files this Motion to Approve Compromise and Settlement Between The Chapter 11

Trustee and Morse Operations, Inc., Edward J. Morse, Carol Morse, Ted Morse and Patricia

Morse (the “Motion”) seeking approval of a settlement between the Trustee and Morse

Operations, Inc., Edward J. Morse, Carol Morse, Ted Morse and Patricia Morse (collectively,

the “Transferees”), and in support states:

                                                 Background

            1.     This case was commenced as an involuntary chapter 11 proceeding on November

10, 2009, by four petitioning creditors (the “RRA Chapter 11 Case”) [D.E. 1].

            2.     The Court entered an Order for Relief on November 30, 2009 [D.E. 66].

            3.     On November 20, 2009 this Court entered an order directing the appointment of a

trustee. [D.E. 30]. On November 20, 2009, the United States Trustee’s office selected Stettin as



1
 The address and last four digits of the taxpayer identification number of the Debtor, Rothstein Rosenfeldt Adler,
P.A., is 6600 NW 16th Street, Suite 11, Plantation, FL 33313 (TIN 7961).


2860616-1
             Case 09-34791-RBR          Doc 798     Filed 07/09/10     Page 2 of 20



the Trustee in this case.    [D.E. 35].    On November 25, 2009, the Court ratified Stettin’s

appointment as Trustee. [D.E. 55].

        4.     Since the Trustee’s appointment and ratification, the Trustee’s professionals have

conducted a thorough analysis of RRA’s books and records and other financial data including

hundreds of millions of dollars in transfers made within the four year period prior to the petition

date to various parties who received loan repayments from RRA and other payments from RRA

related to purported structured settlement arrangements with purported RRA clients.             The

Trustee has issued notices to parties who received fraudulent and preferential transfers

demanding the return of such transfers. The Trustee and his advisors have been and are engaged

in settlement negotiations with a number of litigation targets in an effort to resolve the Trustee’s

claims on terms acceptable to him without expending the time and incurring the expense of

litigation. Should the Trustee determine that a negotiated settlement on acceptable terms is not

likely to be achieved, the Trustee intends to file appropriate lawsuits against each and every of

the litigation targets in order to advance the estate’s interests and maximize recovery for all

creditors.

        5.     Mr. and Mrs. Edward Morse are uniquely situated in the Rothstein fraud and saga:

they alone were the victims of perhaps Mr. Rothstein’s most outrageous and egregious fraud

involving the fabrication and forgery of orders of a Federal District Court Judge and a Federal

Magistrate Judge. Notwithstanding the innocence and good faith of Mr. and Mrs. Ed Morse in

connection with their remittance of some $63 million to RRA based on the foregoing forged

Court orders, the Trustee and his advisors have – as they must – conducted a careful review of all

of the business dealings between RRA and the Transferees. During the four year period prior to

the petition date, RRA transferred approximately $87 million to the Transferees (the
                Case 09-34791-RBR        Doc 798     Filed 07/09/10    Page 3 of 20



“Transfers”).    Of these transfers, approximately $35 million are related to repayments the

Transferees received from a total of over $63 million they delivered to RRA upon the fraudulent

misrepresentations of Scott Rothstein (including forged court orders) that the funds were

necessary to effect recovery in a case in which RRA represented the Transferees (the “Jones

Matter”).

       6.        In or about February, 2010, the Trustee made an informal demand on the

Transferees for the return of a significant portion of the Transfers. Subsequently, the Trustee and

the Transferees engaged in a number of settlement discussions and exchanged detailed analyses

of the Transfers and legal authority regarding the Trustee’s claims and the Transferees’ defenses.

       7.        The Transferees filed timely unsecured claims in the RRA Chapter 11 Case

totaling approximately $30,350,000 [D.E. 141-1, 143-1] which relate to monies transferred to

RRA regarding the Jones Matter.

       8.        After extensive settlement negotiations, the Trustee and the Transferees agreed to

pre-suit mediation before the Honorable John K. Olson on July 2, 2010.

       9.        At the July 2, 2010 mediation, the Trustee and the Transferees reached agreement

on a comprehensive settlement (the “Settlement”) and entered into a written settlement

agreement (the “Stipulation of Settlement”) memorializing the terms thereof. A copy of the

Stipulation of Settlement is attached hereto as Exhibit A.
             Case 09-34791-RBR          Doc 798     Filed 07/09/10     Page 4 of 20



                                         The Settlement

       10.     Taking into account the unique circumstances of the claims of the Morse entities

against the RRA estate and the defenses available to them, the Trustee believes that the terms of

the proposed Settlement are extremely favorable to the estate. While the terms of the Settlement

are not formulaic or directly tied to any particular claim or legal theory the Trustee would have

asserted against the Transferees if this matter were not resolved, the terms of the Settlement

require the Transferees to repay to the estate nearly $10 million more than the aggregate

exposure they have in respect of alleged preferential transfers received by them.

       11.     Pursuant to the Settlement, and as more fully described in the Stipulation of

Settlement, the Transferees will deliver to the Trustee a total of $30 million, plus interest on the

non-cash and deferred payments due under the Stipulation of Settlement, as follows:

               a.      $12 million in available funds within ten days of an order approving the

                       Settlement becoming a final non-appealable order, as defined in the

                       Settlement (the “First Payment Date”);

               b.      $8 million, payable six months after the First Payment Date, plus interest

                       there on at the rate of 3% per annum from the First Payment Date;

               c.      $6 million on or before January 15, 2012, plus interest there on at the rate

                       of 3% per annum from the First Payment Date; and

               d.      $4 million on or before August 15, 2012, plus interest there on at the rate

                       of 3% per annum from the First Payment Date.

       12.     Pursuant to the Stipulation of Settlement, the obligations of the Transferees

thereunder are joint and several obligations of each and all of the Transferees.
              Case 09-34791-RBR         Doc 798      Filed 07/09/10     Page 5 of 20



       13.     As further set forth in the Stipulation of Settlement, in return for, and upon

completion of such payments, the Transferees will be released from any and all liability to the

Debtor’s Estate on account of all avoidance actions in the RRA Chapter 11 Case.

       14.     In the event that all of the aforementioned payments are not timely made (after

giving effect to the notice of default obligations of the Trustee and the cure rights of the

Transferees) pursuant to the Stipulation of Settlement, the Trustee will be entitled to a default

judgment in the amount of $51 million against the Transferees, jointly and severally, and the

Transferees will forfeit all rights to any distributions from the RRA estate.

       15.     As part of the Stipulation of Settlement, the Transferees will forfeit any claim

against the Debtor’s estate except for (i) an allowed general unsecured claim in the amount of

$19 million and (ii) an allowed general unsecured claim for the amounts paid pursuant to the

Settlement.

                     Authority to Support Authorization of the Settlement

       16.     The Trustee seeks approval of the Settlement pursuant to Rule 9019 of the Federal

Rules of Bankruptcy Procedure.

       17.     Rule 9019(a) provides that, after notice and a hearing, a court may approve a

proposed settlement of a claim. The decision of whether or not to approve a compromise is

within the sound discretion of the court. In re Chira, 367 B.R. 888, 896 (S.D. Fla. 2007) citing

In re Air Safety Intern., L.C., 336 B.R. 843, 852 (S.D. Fla. 2005); In re Arrow Air, Inc., 85 B.R.

886 (Bankr. S.D. Fla. 1988).

       18.     In passing on proposed settlements, the Court must determine whether a

proposed settlement is fair and equitable. In re Chira, 367 B.R. at 896 (S.D. Fla. 2007). The

Court must evaluate whether the compromise falls below the “lowest point in the range of
              Case 09-34791-RBR         Doc 798     Filed 07/09/10      Page 6 of 20



reasonableness.” In re S&I Investments, 421 B.R. 569, 583 (Bankr. S.D. Fla. 2009) citing In re

Bicoastal Corp., 164 B.R. 1009, 1016 (Bankr. M.D. Fla. 1993); In re Arrow Air, Inc., 85 B.R. at

886 (Bankr. S.D. Fla. 1988).

        19.    The 11th Circuit, in In re Justice Oaks II, Ltd., 898 F.2d 1544, 1549, provided

additional guidance regarding whether a settlement should be approved and established a four-

part test:

               a.     The probability of success in litigation;

               b.     The difficulties, if any, to be encountered in the matter of collection;

               c.     The complexity of the litigation involved and the expense, inconvenience

                      and delay necessarily attending it; and

               d.     The paramount interest of the creditors and a proper deference to their

                      reasonable views in the premises.

        20.    The Trustee submits that the proposed Settlement overwhelmingly satisfies the

Justice Oaks standard.

        21.    The Settlement provides the Trustee with an opportunity to efficiently settle

significant claims of the estate on very favorable terms against prospective litigation targets

which are uniquely situated because of the Jan Jones related fraudulent court orders. This

Settlement will immediately reduce claims of parties who are capable of financing the costs of

protracted litigation at the trial court and through the exhaustion of appellate remedies. The

Trustee believes that the expense, inconvenience and delay that would be caused by litigating

with the Transferees would not be in the best interest of the estate.
                Case 09-34791-RBR        Doc 798      Filed 07/09/10      Page 7 of 20



          22.    Therefore, after full and careful consideration, the Trustee believes that

resolution set forth in the Settlement is in the best interest of the Debtor’s estate and the

creditors of the estate.

          WHEREFORE, the Trustee respectfully requests the entry of an order in substantially

the same form of the order attached hereto as Exhibit B, (i) granting this Motion, (ii) approving

the Stipulation of Settlement, and (iii) granting such other relief as is just and proper.


                                  CERTIFICATE OF SERVICE

          I CERTIFY that a true and correct copy of the foregoing was served via Regular U.S.

Mail, postage prepaid, fax, email and/or overnight delivery, as indicated, upon all parties on the

attached Service List this 9th day of July, 2010.


Dated: July 9, 2010

                                                       Respectfully submitted,

                                                       BERGER SINGERMAN, P.A.
                                                       Attorneys for the Chapter 11 Trustee
                                                       200 S. Biscayne Blvd., Ste. 1000
                                                       Miami, FL 33131
                                                       Telephone: (305) 755-9500
                                                       Facsimile: (305) 714-4340

                                                       By:    /s/ Paul Steven Singerman
                                                                Paul Steven Singerman
                                                                singerman@bergersingerman.com
                                                                Florida Bar No. 378860
                                                                David L. Gay
                                                                dgay@bergersingerman.com
                                                                Florida Bar No. 839221



2910197
            Case 09-34791-RBR        Doc 798   Filed 07/09/10   Page 8 of 20
                               MASTER SERVICE LIST
                               CASE NO.: 09-34791-BKC-RBR
Marianella Morales, Esquire                    Alison W. Lehr, Esq.
Authorized Agent For Joining Creditors         Grisel Alonso, Esq.
Avenida Francisco de Miranda                   Assistant United States Attorney
Torre Provincial “A”                           99 N.E. 4th Street, 7th Floor
Piso 8                                         Miami, Florida 33132
Caracas, Venezuela                             Alison.Lehr@usdoj.gov
(VIA CM/ECF and EMAIL)                         Grisel.alonso@usdoj.gov
                                               (VIA CM/ECF and EMAIL)
John H. Genovese, Esq.
Robert F. Elgidely, Esq.                       Jeffrey R. Sonn, Esq.
Theresa M.B. Van Vliet, Esq.                   Sonn & Erez, PLC
Genovese Joblove & Battista, PA                Broward Financial Center
Bank Of America Tower at International         500 E. Broward Boulevard
Place                                          Suite 1600
100 S.E. 2nd Street, Suite 4400                Fort Lauderdale, Florida 33394
Miami, Florida 33131                           jsonn@sonnerez.com
(VIA CM/ECF and EMAIL)                         (VIA CM/ECF and EMAIL)

Kendall Coffey, Esq.                           Office of the US Trustee
Coffey Burlington,                             51 Southwest First Avenue
Office in the Grove                            Suite 1204
Penthouse                                      Miami, Florida 33130
2699 South Bayshore Drive                      (VIA CM/ECF and EMAIL)
Miami, Florida 33133
kcoffey@coffeyburlington.com                   Thomas Tew, Esq.
(VIA CM/ECF and EMAIL)                         Tew-Cardenas, LLP
                                               Four Seasons Tower
The Honorable Herbert M. Stettin               15th Floor
One Biscayne Tower                             1441 Brickell Avenue
Suite 3700                                     Miami, Florida 33131-3407
Two South Biscayne Boulevard                   tt@tewlaw.com
Miami, Florida 33131                            (VIA CM/ECF and EMAIL)
(VIA U.S. MAIL and EMAIL)
                                               Conrad & Scherer, LLP
John G. Bianco, Esq.                           633 South Federal Highway
John M. Mulli, Esquire                         Fort Lauderdale, FL 33301
Tripp Scott                                    bs@conradscherer.com
110 Southeast Sixth Street                     JSilver@conradscherer.com
Fifteenth Floor                                (VIA CM/ECF and EMAIL)
Fort Lauderdale, Fl. 33301
jgb@trippscott.com
(VIA CM/ECF and EMAIL)




2441794-1
             Case 09-34791-RBR      Doc 798    Filed 07/09/10   Page 9 of 20
                               MASTER SERVICE LIST
                               CASE NO.: 09-34791-BKC-RBR
Michael D. Seese, Esq.                         Honorable Jeffrey H. Sloman,
Hinshaw & Culbertson, LLP                      Acting U.S. Attorney
1 E Broward Blvd Ste 1010                      99 NE 4th Street
Ft Lauderdale, Florida 33301                   Miami, Fl 33132
mseese@hinshawlaw.com                          (Via U.S. Mail)
(VIA CM/ECF and EMAIL)
                                               Daniel Mink
Internal Revenue Service                       Ovadia Levy
Centralized Insolvency Operations              c/o Renato Watches, Inc
P.O. Box 21126                                 14051 NW 14th Street
Philadelphia, PA 19114                         Sunrise, Florida 33323
(Via U.S. Mail)                                (Via U.S. Mail)

Internal Revenue Service                       William George Salim, Jr.
Special Procedures - Insolvency                Moskowitz Mandell & Salim
7850 SW 6th Court                              800 Corporate Dr Ste 510
Plantation, FL 33324                           Fort Lauderdale, Florida 33334
(Via U.S. Mail)                                wsalim@mmsslaw.com
                                               (VIA CM/ECF and EMAIL)
Special Asst. U.S. Attorney
P.O. Box 9, Stop 8000                          USI
51 SW 1st Avenue, #1114                        Attn: Anthony Gruppo
Miami, Fl 33130                                200 West Cypress Creek Road
(Via U.S. Mail)                                Suite 500
                                               Fort Lauderdale, FL 33309
United Healthcare                              Anthony.gruppo@usi.biz
Dept. CH 10151                                 (VIA EMAIL)
Palatine, IL 60055
(Via US Mail)                                  Marc Nurik, Esq.
                                               1 East Broward Blvd
Special Asst. U.S. Attorney                    Suite 700
IRS District Counsel                           Fort Lauderdale, FL 33301
1000 S. Pine Island Rd., Ste 340               marc@nuriklaw.com
Plantation, FL 33324-3906                      (VIA EMAIL)
(Via U.S. Mail)
                                               BAST AMRON LLP
The Honorable Eric H. Holder, Jr.              SunTrust International Center
Attorney General of the U.S.                   One Southeast Third Avenue
950 Pennsylvania Avenue, NW Room 4400          Suite 1440
Washington, DC 20530-0001                      Miami, Florida 33131
(Via U.S. Mail)                                bamron@bastamron.com
                                               jbast@bastamron.com
                                               (VIA CM/ECF and EMAIL)




2441794-1                                  2
            Case 09-34791-RBR            Doc 798       Filed 07/09/10   Page 10 of 20
                                MASTER SERVICE LIST
                                CASE NO.: 09-34791-BKC-RBR
Mark Bloom, Esq.                                        The Florida Bar
John B. Hutton, Esq.                                    Adria E. Quintela, Esq.
Greenberg Traurig, LLP                                  Alan Anthony Pascal, Esq.
1221 Brickell Avenue                                    Lake Shore Plaza II
Miami, FL 33131                                         1300 Concord Terrace, Suite 130
bloomm@gtlaw.com                                        Sunrise, FL 33323
huttonj@gtlaw.com                                       aquintel@flabar.org
(VIA CM/ECF and EMAIL)                                  apascal@flabar.org
                                                        (VIA CM/ECF and EMAIL)
Robert D. Critton, Esq.
Burman, Critton, Luttier & Coleman                      Micheal W. Moskowitz, Esq.
303 Banyan Blvd., Suite 400                             800 Corporate Drive, Suite 500
West Palm Beach, FL 33401                               Ft. Lauderdale, FL 33234
rcrit@bclclaw.com                                       mmoskowitz@mmsslaw.com
(VIA CM/ECF and EMAIL)                                  (VIA CM/ECF and EMAIL)

Roth & Scholl                                           Francis L. Carter, Esq.
Attn: Jeffrey C. Roth, Esq.                             Katz Barron Squitero Faust
Attorneys For Creditor Blue                             2699 S. Bayshore Drive, 7th Floor
Capital Us East Coast Properties, L.P.                  Miami, Florida 33133
866 South Dixie Highway                                 flc@katzbarron.com
Coral Gables, Fl 33146                                  (VIA CM/ECF and EMAIL)
jeff@rothandscholl.com
(VIA CM/ECF and EMAIL)                                  Bradley S. Shraiberg, Esq.
                                                        2385 NW Executive Drive
Rogers, Morris & Ziegler, LLP                           Suite 300
1401 East Broward Blvd                                  Boca Raton, Florida 33431
Suite 300                                               bshraiberg@sfl-pa.com
Fort Lauderdale, FL 33301                               (VIA CM/ECF and EMAIL)
mfbooth@rmzlaw.com
(VIA CM/ECF and EMAIL)                                  Henry S. Wulf, Esq.
                                                        CARLTON FIELDS, P.A.
Arthur C. Neiwirth, Esq.                                525 Okeechobee Blvd., Suite 1200
One E. Broward Blvd., Suite 1400                        West Palm Beach, Florida 33401
Ft. Lauderdale, FL 33301                                E-Mail: hwulf@carltonfields.com
aneiwirth@qpwblaw.com                                   (VIA CM/ECF and EMAIL)
(VIA CM/ECF and EMAIL)
                                                        EMESS Capital, LLC
                                                        c/o Bruce A. Katzen, Esq.
                                                        201 S. Biscayne Blvd., 17th Floor
                                                        Miami, Florida 33131
                                                        E-Mail: bkatzen@klugerkaplan.com
                                                        jberman@klugerkaplan.com
                                                        (VIA CM/ECF and EMAIL)




2441794-1                                          3
            Case 09-34791-RBR        Doc 798       Filed 07/09/10   Page 11 of 20
                               MASTER SERVICE LIST
                               CASE NO.: 09-34791-BKC-RBR
Ira Sochet, Trustee                                 Steven J. Solomon, Esq.
Revocable Intervivos Trust of Ira Sochet            Gray Robinson, P.A.
c/o Phil Hudson, Esq.                               1221 Brickell Ave, Suite 1600
200 South Biscayne Blvd, Suite 3600                 Miami, Florida 33131
Miami, Florida 33130                                E-Mail – steven.solomon@gray-
E-Mail: pmhudson@arnstein.com                       robinson.com
(VIA CM/ECF and EMAIL)                              (VIA CM/ECF and EMAIL)

Coquina Investments                                 Peter F. Valori, Esq.
c/o Patricia A. Redmond, Esq.                       DAMIAN & VALORI LLP
150 West Flagler Street, Suite 2200                 1000 Brickell Avenue, Suite 1020
Miami, Florida 33130                                Miami, FL 33131
E-Mail: predmond@stearnsweaver.com                  E-mail: pvalori@dvllp.com
(VIA CM/ECF and EMAIL)                              (VIA CM/ECF and EMAIL)

Michael I. Goldberg, Esq.                           Canon Financial Services, Inc.
Las Olas Centre - Suite 1600                        158 Gaither Drive, #200
350 East Las Olas Blvd                              Mount Laurel, NJ 08054
Fort Lauderdale, FL 33301                           (Via US Mail)
E-Mail: Michael.goldberg@akerman.com
Eyal.berger@akerman.com                             CIT Technology Financing Services I,
(VIA CM/ECF and EMAIL)                              LLC
                                                    10201 Centurion Parkway North
LMB Funding Group                                   Jacksonville, FL 32256
c/o Robert C. Furr, Esq.                            (Via US Mail)
2255 Glades Road, Suite 337W
Boca Raton, Florida 33431                           Gibraltar Private Bank & Trust
E-Mail: rfurr@furrcohen.com                         Company
(VIA CM/ECF and EMAIL)                              220 Alhambra Circle, Suite 500
                                                    Coral Gables, FL 33134
Lawrence A. Gordich, Esq.                           (Via US Mail)
Melissa Alagna, Esq.
SEGALL/GORDICH P.A.                                 Inter-Tel Leasing, Inc.
801 Brickell Avenue, Suite 900                      1140 West Loop North
Miami, Florida 33131                                Houston, TX 77055
Email: lag@segallgordich.com                        (Via US Mail)
Email: mma@segallgordich.com
(VIA CM/ECF and EMAIL)                              Florida Department of Revenue
                                                    501 S. Calhoun Street
Broward County                                      Room 201
Attn: Hollie N. Hawn, Esq.                          Carlton Building
Government Center                                   Tallahassee, FL 32399
115 South Andrews Avenue                            (Via US Mail)
Fort Lauderdale, FL 33301
E-Mail: hhawn@broward.org
(VIA CM/ECF and EMAIL)



2441794-1                                      4
            Case 09-34791-RBR          Doc 798       Filed 07/09/10   Page 12 of 20
                                  MASTER SERVICE LIST
                                  CASE NO.: 09-34791-BKC-RBR
Leon County Tax Collector                             Roderick F. Coleman, Esq.
315 S. Calhoun Street                                 400 South Dixie Highway, Suite 121
Suite 210                                             Boca Raton, FL 33432
Tallahassee, FL 32301                                 rfc@colemanattorneys.com
(Via US Mail)                                         (VIA CM/ECF and EMAIL)

Miami-Dade County Tax Collectors                      Mark S. Haltzman, Esq.
140 West Flagler Street, 14th Floor                   Lamm Rubenstone, LLC
Miami, FL 33130                                       3600 Horizon Blvd, Suite 200
(Via US Mail)                                         Trevose, PA 19053
                                                      mhaltzman@lammrubenstone.com
Palm Beach County Tax Collector                       (VIA CM/ECF and EMAIL)
P.O. Box 3715
West Palm Beach, FL 33402-3715                        Robert C. Buschel, Esq.
(Via US Mail)                                         100 S.E. Third Ave, Suite 1300
                                                      Fort Lauderdale, FL 33394
THE LAW OFFICES OF                                    buschel@bglaw-pa.com
GEOFFREY D. ITTLEMAN, P.A.                            (VIA CM/ECF and EMAIL)
440 North Andrews Avenue
Fort Lauderdale, Florida 33301                        Berkowitz Dick Pollack & Brant
(Via US Mail)                                         Certified Public Accountants & Consultants,
                                                      LLP
Carpenter & Berger, PL                                200 S Biscayne Boulevard, Sixth Floor
6400 N. Andrew Ave, suite 370                         Miami, FL 33131-2310
Fort Lauderdale, FL 33309                             Attn: Richard Pollack
(Via US Mail)                                         (Via Email and U.S. Mail)

Frank F. McGinn, Esq.                                 MELAND RUSSIN & BUDWICK, P.A.
Bartlett Hackett Feinberg, P.C.                       3000 Wachovia Financial Center
155 Federal Street, 9th Floor                         200 South Biscayne Boulevard
Boston, MA 02110                                      Miami, Florida 33131
ffm@bostonbusinesslaw.com                             Attn: James C. Moon, Esq.
(VIA CM/ECF and EMAIL)                                jmoon@melandrussin.com
                                                      Attn: Peter D. Russin, Esq.
Darol H. M. Carr, Esq.                                prussin@melandrussin.com
99 Nesbit Street                                      Attn: Michael S. Budwick, Esq.
Punta Gorda, FL 33950                                 mbudwick@melandrussin.com
dcarr@farr.com                                        (VIA CM/ECF and EMAIL)
(VIA CM/ECF and EMAIL)
                                                      Gary S. Blake, Esq.
Jane A. Bee, Esq.                                     1499 W. Palmetto Park Rd
Blank Rome LLP                                        Suite 300
130 North 18th Street                                 Boca Raton, FL 33486
Philadelphia, PA 19103-6998                           gblake@lglaw.net
bee@blankrome.com                                     (VIA CM/ECF and EMAIL)
(VIA EMAIL)



2441794-1                                        5
            Case 09-34791-RBR        Doc 798       Filed 07/09/10   Page 13 of 20
                               MASTER SERVICE LIST
                              CASE NO.: 09-34791-BKC-RBR
                                                    New York, NY 10178-0061
Melinda S. Thornton, Esq.                           E-mail: mgallagher@curtis.com
Assistant County Attorney                           (Via Email and U.S. Mail)
County Attorney’s Office
2810 Stephen P. Clark Center                        ILEANA CRUZ BONGINI, ESQ.
111 N.W. First Street                               icruz@stearnsweaver.com
Miami, Fl 33128-1993                                STEARNS WEAVER MILLER
Email: cao.bkc@miamidade.gov                        WEISSLER ALHADEFF & SITTERSON,
(VIA CM/ECF and EMAIL)                              P.A.
                                                    Coquina Investments
SLATKIN & REYNOLDS, P.A.                            Museum Tower, Suite 2200
Attorneys for Russell Adler and Katie Adler         150 West Flagler Street
One East Broward Boulevard, Suite 609               Miami, Florida 33130
Fort Lauderdale, Florida 33301                      (VIA CM/ECF and EMAIL)
Telephone 954.745.5880
Facsimile 954.745.5890                              Lynn Maynard Gollin
jslatkin@slatkinreynolds.com                        lgollin@gordonrees.com
(VIA CM/ECF and EMAIL)                              Gordon & Rees LLP
                                                    Four Seasons Tower
ASSOULINE & BERLOWE, P.A.                           15th Floor
213 East Sheridan Street, Ste. 3                    1441 Brickell Avenue
Dania Beach, FL 33004                               Miami, FL 33131
Attn: Eric N. Assouline, Esq.                       (VIA CM/ECF and EMAIL)
ena@assoulineberlowe.com
(VIA CM/ECF and EMAIL)

Steven J. Reisman, Esq.
CURTIS, MALLET-PREVOST,
COLT & MOSLE LLP
101 Park Avenue
New York, NY 10178-0061
E-mail: sreisman@curtis.com
(Via Email and U.S. Mail)

Turner P. Smith, Esq.
CURTIS, MALLET-PREVOST,
COLT & MOSLE LLP
101 Park Avenue
New York, NY 10178-0061
E-mail: tsmith@curtis.com
(Via Email and U.S. Mail)

Maryann Gallagher, Esq.
CURTIS, MALLET-PREVOST,
COLT & MOSLE LLP
101 Park Avenue



2441794-1                                      6
Case 09-34791-RBR   Doc 798   Filed 07/09/10   Page 14 of 20




                      EXHIBIT A
Case 09-34791-RBR   Doc 798   Filed 07/09/10   Page 15 of 20
Case 09-34791-RBR   Doc 798   Filed 07/09/10   Page 16 of 20
Case 09-34791-RBR   Doc 798   Filed 07/09/10   Page 17 of 20
Case 09-34791-RBR   Doc 798   Filed 07/09/10   Page 18 of 20
            Case 09-34791-RBR         Doc 798     Filed 07/09/10    Page 19 of 20




                                          EXHIBIT B

                        UNITED STATES BANKRUPTCY COURT
                         SOUTHERN DISTRICT OF FLORIDA
                           FORT LAUDERDALE DIVISION
                                www.flsb.uscourts.gov

IN RE:                                              CASE NO.: 09-34791-RBR

ROTHSTEIN ROSENFELDT ADLER, P.A.,                   CHAPTER 11

      Debtor.
____________________________________/

                ORDER GRANTING MOTION TO APPROVE
        COMPROMISE AND SETTLEMENT BETWEEN THE CHAPTER 11
     TRUSTEE AND MORSE OPERATIONS, INC., EDWARD J. MORSE, CAROL
               MORSE, TED MORSE AND PATRICIA MORSE

         THIS CAUSE came before the Court upon the Trustee’s Motion to Approve

Compromise and Settlement Between The Chapter 11 Trustee and Morse Operations, Inc.,

Edward J. Morse, Carol Morse, Ted Morse and Patricia Morse [D.E. # ___] (the “Motion”) filed

by the Trustee on July 9, 2010. The Court has reviewed the Motion, and has considered the

entire record in this case and the arguments of counsel at the hearing on the Motion and evidence

adduced in support of the Motion (including any evidence offered by proffer and accepted by the

Court without objection of any party). The Court finds that notice of the Motion and the hearing
               Case 09-34791-RBR         Doc 798     Filed 07/09/10     Page 20 of 20



thereon is sufficient (See D.E, ___for the Certificate of Service of the notice of hearing on the

Motion). Based on the foregoing, it is

          ORDERED as follows:

          1.    The Motion is GRANTED.

          2.    The terms of the Stipulation of Settlement attached to the Motion as Exhibit “A”

 are approved and incorporated herein in their entirety.

       3.       The Court retains jurisdiction to enforce the terms of the Stipulation of
Settlement.

                                                ###

Submitted by:
David L. Gay, Esq.
BERGER SINGERMAN, P.A.,
200 S. Biscayne Blvd., Suite 1000
Miami, FL 33131
Telephone: (305) 755-9500
Facsimile: (305) 714-4340
dgay@bergersingerman.com

Copy furnished to:
David L. Gay, Esq.
(David L. Gay is directed to serve this Order to all parties of interest and to file a Certificate of
Service.)




2910197

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:119
posted:8/20/2011
language:English
pages:20