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$500M claim revived over failure to find fraud
The Pennsylvania Superior Court has reinstated a $500 million malpractice suit against K&L Gates and accounting firm Pascarella & Wiker for their alleged failure to detect fraudulent activity at the now bankrupt Le-Nature's when the firms conducted an internal investigation of the company years before the bankruptcy.What Baseball Teaches Us About Wealth Planning
The trustee charged with unraveling Bernie Madoff's wrongdoing has sued the New York Mets owners to recoup investment returns they received from investments with Madoff over many years. Blog contributor Robert H. Louis explores what impact this could have on your clients.IFS Security Group Inc. v. American Equity Insurance Co.
The trial court's order denying Ameritex's petition to take a presuit deposition of an American Equity employee is not a final, appealable order because it is in aid of and incident to the contemplated suit against American Equity.Court Upholds Denial Of Brace Pension Benefits
Luzerne, Pa. (AP) - Luzerne County corruption figure William Brace has lost another battle in his attempt to collect county pension benefits.View more book results for the query "*"
Consumers Cut Spending For First Time In A Year
Americans cut back on spending in April after their income failed to grow, a sign that economic growth may be slowing.Supplemental-Needs Trust Is Considered Income in Child-Support Case
In the recent case of Mencer v. Ruch, the Superior Court held that the income from a supplemental needs trust created pursuant to New York state law from the proceeds of a personal injury action should be considered income for child support purposes.LSAT Volume Is Down, So Fees Are Going Up
Taking the Law School Admission Test is getting more expensive. The Law School Admission Council, which administers the test, has raised the testing fee from $139 to $160 a 15 percent increase.Never Overstate a Client's Case
Business Development: While most attorneys know better, many succumb to the urge to overstate a prospective client's case to convince the client to sign the retainer. This could mean trouble down the road.Trending Stories
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