US Litigation – Citi Settles Enron Estate Litigation for $1.66 Billion

Also Resolves Litigation With Holders of Enron Credit-Linked Notes Settlements are Fully Covered by Existing Legal Reserves NEW YORK–LAWFUEL –Citi today announced it has reached settlement agreements resolving the two largest remaining claims against Citi arising out of the collapse of Enron in 2001. Both settlements are fully covered by Citi’s existing litigation reserves. The […]

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Bracewell & Giuliani Lands Prominent Washington Litigator Carol Elder Bruce

WASHINGTON– LAWFUEL –Bracewell & Giuliani LLP announced today that Carol Elder Bruce has joined the firm as a partner in its Washington, D.C. office, where she will practice in the White Collar Criminal Defense and Special Investigations group. Ms. Bruce has a national reputation as one of the country’s preeminent trial attorneys. In private practice

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Heather Mills has hired a new team of forensic accountants to try to prove that ex-husband Paul McCartney is worth double the £400 million he claimed in their divorce struggle, according to friends of the former model.

Heather

Heather Mills has hired a new team of forensic accountants to try to prove that ex-husband Paul McCartney is worth double the £400 million he claimed in their divorce struggle, according to friends of the former model. The Daily Mail reports that Miss Mills has told friends she cannot support daughter Beatrice on the £35,000

Heather Mills has hired a new team of forensic accountants to try to prove that ex-husband Paul McCartney is worth double the £400 million he claimed in their divorce struggle, according to friends of the former model. Read More »

Was Their Foul Play At The Missouri GOP Convention Over Ron Paul Delegates?

ARLINGTON, Va.– LAWFUEL –The Ron Paul campaign has been receiving reports that Missouri GOP rules have been violated in the set-up and execution of several county Republican caucuses. Ron Paul supporters in Missouri have been attending their county caucuses and electing Ron Paul delegates to be seated at the Missouri Republican State Convention. However, there

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Punitive damages may be everyday in US courts, but they terrify many foreign courts who regard them as offensive to notions of justice.

Stock 9

In the late summer of 1985, Kurt Parrott, a 15-year-old who loved baseball and Pac-Man, was thrown from his motorcycle in Opelika, Ala. The buckle of his helmet failed, and he died when his bare head hit the pavement. Mr. Parrott’s mother sued the Italian company that made the helmet, and an Alabama court awarded

Punitive damages may be everyday in US courts, but they terrify many foreign courts who regard them as offensive to notions of justice. Read More »

Winstead Adds Greta Goldsby to the Finance and Banking Practice Group

Austin (Mar 25, 2008) — LAWFUEL – Greta Goldsby has joined Texas law firm Winstead PC as an associate. She will be working with the Finance and Banking Practice Group in the Business & Transactions Department. Goldsby comes to Winstead from the Washington, DC office of Powell Goldstein LLP, where she advised clients regarding the

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Schatz Nobel Izard P.C. Announces Investigation of Aruba Networks, Inc.

HARTFORD, Conn., March 25, 2008 LAWFUEL — The law firm of Schatz Nobel Izard P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that it is investigating possible securities law violations by Aruba Networks, Inc. (“Aruba Networks” or the “Company”) (Nasdaq:ARUN). The investigation concerns whether Aruba Networks misrepresented materially adverse

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While candor is the rule at law firms when it comes to associate pay, partner compensation is normally cloaked in secrecy and rarely comes to light. But here’s a case that has opened the doors on pay rates and procedures.

Duane Quaini, former chairman of Sonnenschein Nath & Rosenthal, took the witness stand last week and had to answer questions about a subject most people would find uncomfortable: his salary. He testified in a case in a Washington, D.C., court brought by a former partner who is suing the firm over inadequate pay. The trial,

While candor is the rule at law firms when it comes to associate pay, partner compensation is normally cloaked in secrecy and rarely comes to light. But here’s a case that has opened the doors on pay rates and procedures. Read More »

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