Since 1992, Lexecon has claimed that Milberg Weiss dragged Lexecon into a massive class action, stemming from the collapse of Lincoln Savings & Loan, in a vendetta seeking to shut down Daniel R. Fischel, an economist at Lexecon and a successful defense expert against Milberg Weiss. Lexecon is asking for $209 million in damages -- an award that could wipe out Milberg Weiss and deplete the fortunes of its key partners.
March 29, 1999 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Chicago–Melvyn I. Weiss had a frog in his throat that he could not get rid of.
The frog persisted, and he asked for a drink of water as he choked on answers to his own lawyer’s questions about his accomplishments, his three children, his 11 grandchildren. From the witness stand, Mr. Weiss apologized to the jury–five men and five women who could determine the fate of his firm, New York’s Milberg Weiss Bershad Hynes & Lerach L.L.P.
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