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August 05, 2005 |

3rd Circuit Revives Suit Against Airline Officials

In an era rife with corporate scandals, a decision this week by the 3rd U.S. Circuit Court of Appeals is likely to stir up the atmosphere in board rooms and executive offices nationwide by making it significantly easier for bankruptcy trustees to file suit against corporate directors and officers for alleged breaches of their fiduciary duties.
7 minute read
December 18, 2006 |

Disbarred lawyer ponders career end

IN 1961, AT AGE 38, Morton S. Robson was stepping down from a stint as U.S. Attorney for the Southern District of New York. Looking ahead to a career in private practice and perhaps political office, he sat beside Eleanor Roosevelt at the swearing-in of his successor as Manhattan's chief federal prosecutor, Robert M. Morgenthau.
10 minute read
August 08, 2005 |

Bankruptcy Trustees May Find It Easier to Sue Corporate Officers

Shannon P. [email protected] an era rife with corporate scandals, a decision last week by the 3rd U.S. Circuit Court of Appeals is likely to stir up the atmosphere in board rooms and executive offices nationwide by making it significantly easier for bankruptcy trustees to file suit against corporate directors and officers for alleged breaches of their fiduciary duties.
7 minute read
March 21, 2002 |

Notice of Pendency`s Expiration Held to Block Filing in Same Case

ALBANY In response to a certified question arising from a longstanding squabble over the assets of a Manhattan real estate speculator who died during the Eisenhower Administration, the Court of Appeals decided yesterday that a plaintiff may not file a notice of pendency on the same causes of action when a prior notice expired.
6 minute read
August 05, 2005 |

3rd Circuit Ruling Eases Bankruptcy Trustee Suits Against Corporate Officers

A 3rd Circuit decision this week is likely to stir up the atmosphere in board rooms and executive offices nationwide by making it significantly easier for bankruptcy trustees to file suit against corporate directors and officers for alleged breaches of their fiduciary duties. The panel revived a suit against the former officers and directors of the defunct charter airline Tower Air Inc. in which the trustee claims they drove the company into insolvency by indifference and egregious decisionmaking.
7 minute read
December 12, 2006 |

Attorney Disbarred After Deal Gone Bad Ponders Destruction of 56-Year Career

At age 83, Morton S. Robson is no longer trying to build his reputation as an attorney. He's doing his best to salvage it. A complicated deal gone bad a few years ago led to his disbarment in May, and he continues to face a lawsuit seeking millions of dollars in damages. Disciplinary authorities and an investment group called the Regency Foundation say Robson misappropriated $6.2 million that the group had deposited in his firm's escrow account.
10 minute read

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