Angered by the defendant's failure to produce discovery documents, a judge in Florida granted partial summary judgment Wednesday in favor of financier Ronald Perelman in his multibillion-dollar lawsuit against Morgan Stanley & Co. Palm Beach County Circuit Judge Elizabeth T. Maass' order castigated Morgan Stanley for "deliberately" violating orders to produce documents in the case. That refusal, she wrote, harmed Perelman's case in a way "that cannot be cured. The judicial system cannot function this way."
Judge Rules Morgan Stanley Helped Defraud Financier Perelman
Daily Business Review
March 25, 2005