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Pre-Confirmation, Berger Singerman was counsel to Judge Herbert Stettin in his role as Chapter 11 Trustee of the Rothstein, Rosenfeldt & Adler, P. This is a Chapter 11 case of a 70-lawyer, 150-employee law firm that served as the platform for the largest Ponzi scheme in the history of the State of Florida.

The company also provides computer network design, installation, configuration, and Web design services.

Innovative Technology Application (ITA) develops customized software used by commercial interests as well as government agencies for testing, simulation, and training applications.

Founded in 1995 by officers Donald Brewster and Nolan Adams, ITA has served such clients as Federal Aviation Administration, the Department of Defense, and the Environmental Protection Agency.

When the Ponzi scheme was discovered, it was discovered that in fact there were no settlements-the clients and the defendants and the settlements were all fictitious. Rothstein and the law firm’s Chief Operating Officer have pled guilty to a variety of Federal crimes. Rothstein was recently sentenced to 50 years in prison.

We have had to wind down the legitimate operations of the law firm, transition hundreds of client files, terminate the firm’s pension plan, and commence and prepare many civil lawsuits against parties involved in the Ponzi scheme, the law firm’s accountants, many of the law firm’s partners and employees and other third parties, including the law firm’s accountants and depository banks.

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In addition, the case has involved intense and cutting edge litigation with the United States regarding the United States’ forfeiture proceedings involving competing claims of the Government and the Bankruptcy Trustee to the same property.

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