Anc liquidating trust florida
: Appointed Receiver by the United States District Court for the Southern District of Florida over a company engaged in a million Ponzi scheme.Responsible for liquidating six large commercial properties, including hotels and office buildings.: Appointed Receiver by the Circuit Court in Miami, Florida over a company engaged in making loans to active military personnel.At the time of appointment, the company had debts of million.: Represented the largest automobile dealership in the United States in the ANC Rental bankruptcy in Delaware in connection with large avoidable transfer claims made against Auto Nation arising out of its spin-off of Alamo and National Car Rental.
Michael has managed some of the largest Ponzi scheme liquidation recoveries in U. As noted in , his peers call him "an extraordinary lawyer who is unflappable.
In negotiating the settlement, recovered investors' stolen money and all past due trade debt and contractor claims of the resort will be paid in full.
The settlement funds allow for completion of construction of the Jay Peak Resort, northern Vermont’s largest employer.
He's got a keen business mind and can forge consensus in seemingly irreconcilable disputes." As a qualified expert witness on Ponzi schemes, he is highly sought after and routinely testifies in federal and state court cases throughout the country and internationally.
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.