Friday 10 December 2010

Berger Singerman’s ties to Gibraltar bank | South Florida Business Journal

Berger Singerman’s ties to Gibraltar bank South Florida Business Journal: "Berger Singerman is facing more scrutiny over its ties to Gibraltar Private Bank & Trust and their relevance to convicted Ponzi schemer Scott Rothstein, who owned a stake in the bank.
Qtask, one of the players with connections to Rothstein, wants to depose a representative of Gibralter regarding its ties to Miami-based Berger Singerman.
The firm is conducting most of the legal work on the bankruptcy of Rothstein’s defunct law firm, Rothstein Rosenfeldt Adler.
Berger filed suit against Qtask, a California-based software firm in which Rothstein also invested. Berger has been locked into a months-long e-discovery dispute with Qtask over requests for data.
Gibraltar holds an interesting position in the Rothstein scandal because most of the dirty money in the scam flowed through its accounts. The bank is fighting allegations by investors that it ignored warning signs of Rothstein’s fraud.
Paul Singerman, a name partner at the Berger Singerman firm, disclosed more than a year ago that he had invested money in Gibraltar."

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