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A&B's Batson to Subpoena 45 Firms in Enron Case
Otis [email protected] of law firms have been roped into the ever-widening bankruptcy probe of the Enron Corp. as targets of an ambitious new discovery campaign launched by a court-appointed investigator. Alston Bird partner Neal Batson, who in May was tapped by the U.S. trustee overseeing Enron's bankruptcy to unearth the roots of the company's failure, revealed in an Aug.Big Tobacco Can't Use 'Pass-On' Defense in RICO Suit
Tobacco companies accused of lying about the dangers of smoking by Empire Blue Cross & Blue Shield of New York cannot claim as a defense that increased health costs have been passed on to consumers, a federal judge ruled. The judge told lawyers that a "pass-on" defense -- minimizing a plaintiff's damages by showing that a third party absorbed the increased cost -- is not available in a fraud action brought under RICO.N.Y. Court Issues Sanction Over 'Frivolous' Suit
A Manhattan judge has sanctioned real estate developer Sheldon Solow and his law firm for filing an "implausible, if not absurd" $115 million suit alleging the previous leasehold owners of a Madison Avenue office tower conspired to keep the ground rent artificially high. "In view of the egregious frivolousness of the complaint," the judge said she would impose the maximum allowable sanctions of $10,000 each to Solow and his attorney, Marc S. Dreier.More Lawyers and Firms Snared in Enron Trap RECEIVING END CROSSING BORDERS
Dozens of law firms have been roped into the ever-widening bankruptcy probe of the Enron Corp. as targets of an ambitious new discovery campaign launched by a court-appointed investigator.Trending Stories
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