Practice Areas

Patrick J. Rengstl, P.A. is Of Counsel at the firm. During the last 15 years, Patrick’s practice has included a broad commercial practice throughout Florida, including high-stakes complex commercial litigation, insurance-related litigation (including coverage issues and defense of insureds), real estate litigation and appellate advocacy.

Professional Experience

Patrick also has extensive experience representing court-appointed receivers and corporate monitors in state and federal courts in Florida, typically in cases filed by the United States Securities and Exchange Commission (“SEC”), the Commodity Futures Trading Commission (“CFTC”) and the Federal Trade Commission (“FTC”). Patrick has represented and continues to represent James D. Sallah of the firm in his capacity as receiver or corporate monitor in several of Mr. Sallah’s court appointments over the years.

As a result, Patrick has significant experience in fraud-related and fraudulent transfer cases; has first-chaired the administration of many SEC, FTC and CFTC receivership estates, including claims and distribution procedures; has litigated countless ancillary receivership cases and summary proceedings; and has helped secure the recovery of tens of millions of dollars for the benefit of investors and consumers around the world. Below are Patrick’s significant receivership representations:

  • OM Global – Lead counsel to Mr. Sallah in his capacity as the Corporate Monitor of OM Global Investment Fund LLC and OM Global LP in Miami-Dade Circuit Court. The action involved an alleged $20-million fraud scheme, a related SEC case and ultimately a criminal prosecution and plea agreement for the protagonist of the admitted scheme.
  • Cryptsy – Lead counsel to Mr. Sallah in his capacity as the Receiver of Project Investors, Inc. d/b/a Cryptsty in the United States District Court for the Southern District of Florida. The action involved an alleged multi-million dollar misappropriation of Bitcoins and hundreds of other types of cryptocurrencies.
  • JCS Enterprises – Special counsel to Mr. Sallah in his capacity as the Receiver of JCS Enterprises, Inc. and its related entities in the United States District Court for the Southern District of Florida. The action involved an alleged $81-million fraud scheme.
  • eCareer Holdings, Inc. – Special counsel to the Receiver of eCareer Holdings, Inc. and its related entities in the United States District Court for the Southern District of Florida. The action involved an alleged $11-million fraud scheme.
  • Trade-LLC – Lead counsel to the Receiver of Trade-LLC and its related entities in the United States District Court for the Southern District of Florida. The action involved an alleged $28-million fraud scheme.
  • Pension Fund of America, LC – Counsel to the Receiver of Pension Fund of America, LC in the United States District Court for the Southern District of Florida. The action involved an alleged multi-million dollar fraud scheme.
  • American Precious Metals, LLC – Counsel to the Receiver of American Precious Metals, LLC in the United States District Court for the Southern District of Florida. The action involved an alleged $37-million precious metals boiler room.
  • Timeshare Mega Media and Marketing Group, Inc. – Counsel to the Receiver of Timeshare Mega Media and Marketing Group, Inc. in the United States District Court for the Southern District of Florida. The action involved an alleged timeshare boiler room.
  • The Dolce Group Worldwide, LLC – Counsel to the Receiver of The Dolce Group Worldwide, LLC in the United States District Court for the Southern District of Florida. The action involved an alleged $4-million boiler room.
  • Nationwide Connections, Inc. – Counsel to the Receiver of Nationwide Connections, Inc. in the United States District Court for the Southern District of Florida. The action involved an alleged boiler room.

Besides his federal court receivership work, Patrick has extensive receivership experience in state court matters involving alleged fraud and waste to commercial buildings, residential properties, ongoing businesses and family estates.

Education and Professional Awards

Patrick, a Miami native, attended college at the University of Miami, graduated with a 3.98 GPA, and was elected to Phi Beta Kappa (of which he was named Vice President and received at graduation one of the highest honors, the Phi Beta Kappa Scholarship and Service Award). Patrick attended law school at the Florida State University College of Law and graduated cum laude in 2002. During law school, Patrick was an Associate Editor and Writing & Research Editor of the Florida State University Law Review, as well as a member of the Moot Court Team. Patrick has been listed several times as a “Rising Star” in Super Lawyers (2010-2011, 2016-2017 Editions) and as a “Top Up & Comer” (2012, 2014-2016 Editions) and “Top Lawyer” (2017 Edition) in the South Florida Legal Guide. Patrick is licensed to practice in the State of Florida and all Florida federal courts, including the Eleventh Circuit.

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