Goldberg – Affidavit of Solvency Allows Asset Protection Attorney To Keep Fees Against Fraudulent Transfer Claim
- Sunday, October 21, 2012, 0:21
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In the middle of litigation that was starting to look unfavorable, the Debtor, Akram Niroomand, went to Howard Rosen of the Donlevy-Rosen & Rosen, P.A. law firm, who set the Debtor up in an offshore asset protection trust a/k/a a foreign asset protection trust (“FAPT”) in the Cook Islands. Rosen charged the Debtor $45,000 in fees and costs to set up the FAPT.
http://www.forbes.com/sites/jayadkisson/2012/10/21/goldberg-affidavit-of-solvency-allows-asset-protection-attorney-to-keep-fees-against-fraudulent-transfer-claim/
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