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Stephen Versalko & The Pelican Club – The Rhys Harrison Judgment – Briefcase

By John Bowie – Screaming LawyerIt’s always interesting to read a Justice Rhys Harrison judgment, if only for their clarity. Indeed, always for their clarity. This week came the release of another judgment in the Stephen Versalko saga, he being the fraudulent ASB banker who acted as a generous-to-a -major-fault patron to a Pelican Club prostitute who we shall call “BC”, because that’s how she’s described in the proceeding. “Herald on Sunday” publishers APN New Zealand wanted to publish BC’s name and had Bruce Gray QC do battle with David Jones QC for BC, along with AB, CD and DE. OK? The result was a win for Jones on the basis that publication of BC’s name would advance only “marginal public benefit” and would be to the detriment of her teenage daughter. Bruce Gray’ “open reporting” argument relied in part upon this year’s decision in Peters v. Birnie

Comeskey Faces Striking Off – No Medals For Comeskey here

A $55 million lawsuit by a unit of Cerberus Capital Management L.P. can proceed against Paul, Hastings, Janofsky & Walker over allegations the firm gave faulty advice on a loan made in connection with a private equity firm's 2008 acquisition of bankrupt retailer Steve & Barry's. 6

A $55 million lawsuit by a unit of Cerberus Capital Management L.P. can proceed against Paul, Hastings, Janofsky & Walker over allegations the firm gave faulty advice on a loan made in connection with a private equity firm’s 2008 acquisition of bankrupt retailer Steve & Barry’s.