It looks like Kim Rothstein will settle the bankruptcy claim against her for a relatively small amount.
Actually, she will settle for the price of a few dozen bottles of wine, pairs of shoes, some jewelry and other items seized from properties she shared with her husband, Ponzi schemer Scott Rothstein.
She’s surrendering those items to settle a claim of $1.13 million brought against her by the bankruptcy estate of his former law firm, Rothstein Rosenfeldt Adler. I previously reported that attorneys had said they reached a settlement in principle.
The items will be auctioned, similar to the auctions already held for Scott Rothstein’s boats, cars and office furniture. Charles Lichtman of Berger Singerman, the attorney for the estate, said he believes Kim Rothstein’s items will fetch more than the furniture auction, which netted only $182,000.
Among the more interesting items being surrendered: Kim Rothstein’s ruby and diamond heart ring, which was previously released to her by the U.S. Attorney’s Office; 34 pairs of designer shoes, with names such as Prada, Manolo Blahnik and Donald J. Pliner; dozens of Scott Rothstein’s suits, many from European clothing retailer Moda Mario; expensive wine; and a box of “fetish wear.”
The only cash listed is $108,341 in a Smith Barney retirement savings account.
Kim Rothstein will also surrender items at other properties including their New York apartment and 277 Garden Court, in Lauderdale-by-the-Sea.
According to a motion before the bankruptcy court, Scott Rothstein has also agreed to the settlement.
