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Argued September 28, 2001Tatel, Circuit Judge: In this action, firearm consumers and others, alleging deprivation of their First, Second, and Ninth Amendment rights, bring civil conspiracy claims a
The full case caption appears at the end of this opinion. Posner, Circuit Judge. We are asked todecide a judge's authority to rule that acase has been settled on the basis of
The Perils of Betting on a Long Shot
Three years after an amateur racehorse trader emerged from bankruptcy court with a stunning $490,000 judgment, compensating him for a defunct deal with breeders that had only been worth about $50,000 when first struck, he loses $438,000 of his judgment in a legal malpractice action against the breeders' lawyer. The defeat, with interest, may well eclipse the amount owed him by his debtors.District Judge Shira A. Scheindlin U.S. DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK For Plaintiffs' Executive Committee: Stanley D. Bernstein, Esq., Rebecca M. Kat
Justice Paul Victor BRONX COUNTY Supreme Court Appearances: Plaintiff: Bernstein & Bernstein Defendants: The City of New York
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