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Evonik Investors Sell Shares in Private Placement

  LawFuel.com – Skadden represented a group of more than two dozen institutional investors in connection with a global private placement of shares representing approximately 12 percent of the share capital of German specialty chemicals maker Evonik Industries AG. This private placement, which closed on March 12, constitutes the largest-ever pre-IPO capital markets financing in

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Orange County Couple Sentenced to Prison in Federal Fraud Case for Bilking Seven Banks out of Nearly $5 Million

          LawFuel.com – SANTA ANA, California – A husband and wife from Newport Coast have been sentenced to federal prison for defrauding a consortium of seven banks, including Bank of America, in connection with a $130 million line of credit.         Thomas Chia Fu, 64, was sentenced yesterday to 21 months in federal prison.

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Claims Administrator for Fraud Victims of Full Tilt Poker Appointed by US Attorney

LawFuel.com Preet Bharara, the United States Attorney for the Southern District of New York, announced today that the United States has retained the Garden City Group (“GCG”) to serve as Claims Administrator to oversee the process of compensating eligible victims of the fraud committed by Full Tilt Poker against United States players that was set

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South American Cocaine Trafficker Gets 12 Years’ Prison

LawFuel.com – US Law News – UNITED STATES ATTORNEY’S OFFICE Southern District of New York U.S. ATTORNEY PREET BHARARA Marcel Acevedo Sarmiento Was Prosecuted As Part of “Operation Relentless,” an International Joint Undercover Operation Preet Bharara, the United States Attorney for the Southern District of New York, announced that MARCEL ACEVEDO SARMIENTO was sentenced today

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Billion Dollar Lawsuit Against Australian-Owned Banks in New Zealand

Justice for elders and the infirm

It’s one of the largest class action lawsuits ever in New Zealand and it’s targeted the country’s Australian-owned banks who, the lawyers claim, have ripped off kiwi banking clients to the tune of over $1 billion. The action, which is fronted by Australian-based Slater & Gordon and also assisted by litigation funding outfit Litigation Lending

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Litigator Joins Oil & Gas Law Firm Burleson

MIDLAND, Texas, March 12, 2013  LawFuel.com  — Burleson LLP, the largest law firm in the country devoted specifically to the oil and gas industry, announced today that attorney Pat Long Weaver has joined the firm’s Midland location.  The addition further strengthens Burleson’s litigation capabilities and underscores its commitment to delivering the most seasoned, energy-specific legal

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Blakes Lawyer Honoured as Public Procurement Lawyer of the Year by Who’s Who Legal

blakes cassells lawfuel

LawFuel.com – Canada Law News – Blakes is pleased to announce that Partner Judy Wilson has been honoured as Public Procurement Lawyer of the Year by Who’s Who Legal. Judy was selected for the award based on how well she performed in Who’s Who Legal’s research in their featured practice areas. Awards were issued to

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Railway Employee Sentenced to Prison for Role in Massive Disability Fraud Scheme

LawFuel.com – US Attorney Prosecutions – Gary Satin Is First Participant in Scheme to Be Sentenced Preet Bharara, the United States Attorney for the Southern District of New York, announced today that GARY SATIN, a former electrician with the Long Island Railroad (“LIRR”), was sentenced today to 20 months in prison for his participation in

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