The Daily Business Review, Florida’s leading legal publication, has named Squire Patton Boggs Florida managing partner Traci Rollins and partner Jason Joffe among the Most Effective Lawyers of 2017. Ms. Rollins and Mr. Joffe were recognized in the "Bankruptcy" category for their representation of an insolvent Eastern Caribbean-based insurance company with policyholders in the US.
Despite the liquidation proceeding located in the Bahamas, Ms. Rollins and Mr. Joffe utilized Chapter 15 of the US Bankruptcy Code for cross-border proceedings to have the foreign proceeding recognized by the US court, and to, therefore, pursue assets for the client's estate. At the direction of the client's judicial manager, Ms. Rollins and Mr. Joffe commenced an adversary action in the bankruptcy court, West Palm Beach Division, against those directors and officers responsible for its insolvency, under a claim of breach of fiduciary duty. In July 2017, a trial against one such director concluded, resulting in a US$123 million judgment. Collection on the judgment is now underway, and all monies recovered will become part of the bankruptcy estate for the benefit of client's policyholders.
Ms. Rollins focuses her practice on representing public and private companies, financial institutions and nontraditional lenders in litigation and government investigations. She has substantial experience in Florida and US courts in complex commercial and cross-border litigation, anti-foreign suit injunctions, government investigations, and consumer and commercial regulatory compliance programs. Ms. Rollins is consistently named by Florida Trend magazine among its Legal Elite for her work in commercial litigation and was named among South Florida's Top 20 Women in Law by the Daily Business Review (2014).
Mr. Joffe serves the business litigation needs and advises a wide variety of clients, including international financial institutions, healthcare clients, private equity groups and closely held corporations. He has tried various commercial disputes in both state and federal court and has argued before several of Florida's district courts of appeal and federal circuit courts of appeal.