Deposition Transcript of Scott Rothstein (Albert ... - Trustee Services
Deposition Transcript of Scott Rothstein (Albert ... - Trustee Services
Deposition Transcript of Scott Rothstein (Albert ... - Trustee Services
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1 recall what we put in the termination agreement --<br />
Page 99<br />
2 transition agreement. I think we tried to make it<br />
3 nebulous.<br />
4 Q. I'm not talking so much about what the<br />
5 agreements provide. I'm talking about the de facto<br />
6 reason why <strong>Albert</strong> was leaving Silversea.<br />
7 What was your understanding as to whether<br />
8 <strong>Albert</strong>'s termination was with cause or without cause?<br />
9 A. With cause.<br />
10 Q. And was the "with cause" termination for<br />
11 those reasons that you indicated just a couple<br />
12 moments before -- dealing with his expense account<br />
13 issues, supporting girlfriends, et cetera?<br />
14 A. Yes.<br />
15 Q. You realize that the $400,000 payment for<br />
16 the benefit <strong>of</strong> Tatiana Yoel and her condominium came<br />
17 in October, 2006.<br />
18 Do you have any basis to know whether or<br />
19 not that payment was one <strong>of</strong> the reasons why <strong>Albert</strong><br />
20 was being terminated with cause?<br />
21 A. I don't recall specifically, Mr. Lichtman.<br />
22 I just recall the fact that both Manfredi and Amerigo<br />
23 both believed that <strong>Albert</strong> was embezzling money from<br />
24 the company and they needed to bring it to a stop.<br />
25 Q. That's their language?