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Deposition of Scott Rothstein re - Trustee Services

Deposition of Scott Rothstein re - Trustee Services

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1 That he had actually been living in the st<strong>re</strong>ets and<br />

Page 177<br />

2 had worked his way up to the whe<strong>re</strong> he was now. I<br />

3 don't <strong>re</strong>member. I have a <strong>re</strong>collection that it was a<br />

4 very, very difficult upbringing and that he had made a<br />

5 lot out <strong>of</strong> himself out <strong>of</strong> very difficult<br />

6 circumstances.<br />

7 Q. Do you <strong>re</strong>call him telling you that he didn't<br />

8 complete the eighth grade and that's why he needed<br />

9 attorneys like you to <strong>re</strong>ad documents for him?<br />

10 MR. GAY: Objection to form.<br />

11 THE WITNESS: That sounds like something he<br />

12 would have said to me, yes, sir.<br />

13 BY MR. PHILLIPS:<br />

14 Q. Do you <strong>re</strong>call Barry Lipsitz asking you why a<br />

15 wealthy attorney and businessman did not fund deals<br />

16 yourself?<br />

17 A. Yes.<br />

18 Q. And do you <strong>re</strong>call telling him it was a<br />

19 conflict <strong>of</strong> inte<strong>re</strong>st for you to get involved?<br />

20 A. Yes, sir.<br />

21 Q. Did you also tell him you we<strong>re</strong> not allowed<br />

22 to put money into a settlement when you we<strong>re</strong> acting as<br />

23 an attorney on the case?<br />

24 A. Yes, sir.<br />

25 Q. And is it a fair statement that Mr. Lipsitz

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