Hyatt Corp. heirs Matthew and Liesel Pritzker have settled a family dispute for close to $1 billion, according to attorneys and a source close to the case. The settlement is about half the amount the siblings were seeking in a lawsuit accusing their father and others of looting their trust funds and leaving them out […]
White House Counsel Alberto Gonzales has long been seen as the quiet man in President Bush’s close-knit first-term team — a soft-spoken lawyer from Texas who rarely talked to the media and kept his personal views on policy matters to himself. But new details about Bush’s nominee to be the nation’s next attorney general are
A defense lawyer for Lynne F. Stewart, a lawyer accused of aiding Egyptian terrorists, told a federal jury today that prosecutors had failed to present any evidence that she knew about a conspiracy among terrorists in Egypt, or even that a conspiracy existed. The lawyer, Michael E. Tigar, asserted that prosecutors had instead engaged in
Former Federated CEO James Zimmerman was indicted for lying to prosecutors during a probe of whether the firm was trying to keep tableware from Waterford and Lenox out of rival Bed, Bath & Beyond. If found guilty of lying under oath during a probe by state Attorney General Eliot Spitzer’s office, Zimmerman could face as
A federal judge has delayed for a week a decision on proposed bankruptcy financing for Trump Hotels & Casino Resorts Inc. so that shareholders can review the company’s finances. A New Jersey bankruptcy court hearing will now be held Jan. 11 to review an interim approval of the casino operator’s $100 million reorganization financing, according
A merger between the Boston-based Ropes and Gray law firm with Fish and Neave, a law firm with offices in New York and Washington DC, has been finalized. Ropes and Gray Chairman Bradford Malt perviously said the merger would create a powerful new resource for its clients. The combined firms will employ 750 lawyers and
The trial of Richard M. Scrushy, the charismatic founder and former chief executive of HealthSouth who is being charged with fraud, opens next week in a federal district court in Birmingham, Ala. The trial “will be a fascinating soap opera,” said John C. Coffee Jr., a Columbia University professor who specializes in securities law. More
HealthSouth the US hospital operator, on Thursday settled allegations that it defrauded federal health insurance programmes by agreeing to pay $325m. The US Department of Justice said the case covered allegations that HealthSouth had improperly or unlawfully billed Medicare and other federal programmes for a range of patient services dating back to 1991. But the
Former US attorney general Ramsey Clark is to join the defence team of Saddam Hussein, a spokesman for the toppled Iraqi president’s lawyers said today. Mr Clark, who held the office of attorney general under US president Lyndon B. Johnson, “is one of the members of the defence team of president Saddam Hussein,” Ziad Khassawneh
In his harshest criticism of the Kremlin to date, Mikhail B. Khodorkovsky, the businessman who founded Russia’s largest oil producer, Yukos, accused the government of stealing his oil empire and warned in a letter published Tuesday that a continuing crackdown on post-Soviet freedoms would ruin the country. Writing from prison, where he has been held
