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FOR RAINMAKER, HOSPITAL FIGHT TRUMPS PLANS
MEREDITH HOBBS [email protected] When Regina S. Molden left Alston Bird almost a year ago to start her own firm with four other big-firm refugees, she was fulfilling a long-held dream. Molden, a former associate in Alston's securities litigation group, billed the firm, Molden Holley Fergusson Thompson Heard, as the city's first African-American firm devoted exclusively to high-end corporate work.Verdicts & Settlements: Judge drops $54M verdict to $10.6M
The husband and estate of a woman killed when the car in which she was riding was crushed by a tractor-trailer was awarded $54.4 million by a Fulton County State Court jury Friday. The verdict included $44 million, which a judge since has reduced to $250,000, according to a defense attorney. The truck driver had "a history of speeding tickets," said lead plaintiffs' attorney Peter A.Citigroup trial may double Enron creditors' payout
Enron Corp. creditors could see their original payout more than quadruple to as much as $31 billion after a trial against Citigroup Inc. Enron Creditors Recovery Corp., the entity winding up the defunct energy trader's affairs, distributed $13.3 billion, or 36 cents on the dollar, since a bankruptcy plan was approved in 2004.Nike Sues Promoter for Failing to Pay or Play
Nike USA is suing a Miami promotions company and the owner of a Miami Beach mansion for allegedly failing to deliver on a promise to host Super Bowl week parties and events. Oregon-based Nike brought suit in Florida's Miami-Dade Circuit Court last month for the return of $200,000 paid for use of the house, plus attorney fees and damages. The suit claims the defendants knew or should have known when they signed a contract with Nike that the mansion could not be used for commercial purposes.Discovery fight lands CEO in jail
The founder and CEO of a once well-connected company that provided compliance and technical services for international businesses was eligible to leave the Fulton County Jail on Wednesday after spending 15 days there for contempt of court rather than divulge information about his finances sought in pursuit of a judgment of about $2.District Judge Louis L. Stanton U.S. DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK Charles T. Lee Esq. Joseph J. Cherico Esq. McCarter & English
Suspended Attorney Target of Mortgage Lender's Lawsuit
A former candidate for Miami-Dade public defender is accused of misdealings in a complex foreclosure lawsuit spearheaded by JPMorgan Chase Bank based on more than $10 million in alleged serial mortgage fraud on a single Miami Beach property. Washington Mutual Bank, which was acquired by JPMorgan last September, alleges that Gabriel Martin, whose law license has been suspended since 2006, prepared loan documents as its closing agent but failed to properly carry out his duties.Trending Stories
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