Responsible for operating corn and soybean farms and liquidating vast real estate holdings throughout Ohio and Florida.
Responsible for litigating dozens of "claw-back" suits to recover fraudulent transfers of profit to investors.
: Represented an automotive group and its affiliates, consisting of 17 car dealerships in their Chapter 11 bankruptcies.
: Appointed Receiver by the Circuit Court in Miami, Florida over a company engaged in the business of originating and servicing over $200 million in mortgages on behalf of approximately 800 investors.
: Appointed Receiver by the United States District Court for the Southern District of Florida over a group of companies operating a $100 million Ponzi scheme.
Michael has served as court-appointed receiver in many of his cases over the past two decades, helping victims maximize potential returns by identifying, securing, and monetizing potential assets as quickly and efficiently as possible.
Regarded as a thought leader on fraud, Michael has appeared on CNN, CNBC, Fox News, and National Public Radio to discuss Ponzi schemes and receiverships.
Subsequently appointed Liquidating Trustee of Rothstein Rosenfeldt Adler Liquidating Trust responsible for overseeing all distributions to creditors and handling litigation on behalf of the Liquidating Trust, which had a one hundred percent payout to all general unsecured creditors.
: Represented the Chapter 11 Trustee of the Louis J. Pearlman, who was the creator and the manager of such musical groups as the Back Street Boys and 'NSYNC, was convicted of running a 0 million Ponzi scheme victimizing hundreds of investors.
The settlement also avoided the appointment of a receiver in a case commenced by the SEC against the debtors in the United States District Court for the Southern District of Florida accusing the debtors of conducting a massive Ponzi scheme.