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... a demand by an "absent class member" for access to class counsel's work product. Wyly v. Milberg Weiss Bershad & Schulman LLP, No. 62 (N.Y. ... cases against CA settled the class claims for too little. The trial court granted Wyly's request, but the Appellate Divison reversed. The Court of Appeals affirmed. It held ... Division didn't abuse its discretion. It explained: In this case, the Appellate Division decided that Wyly had not made an adequate showing to compel the law firms to produce their ...

Wylie PD sent officers to storm a local body shop. What was the threat to the Wylie Community? A contraband rooster. Having a rooster is apparently illegal in Wylie. I guess the only to handle such a threat is to send the police in with a warrant. What did the officers find upon entering the body shop? Nothing. The rooster had already been removed.

In Wyly v. Milberg Weiss Bershad & Schulman LLP, ___ N.Y.S.2d ___, 2007 NY Slip. Op. 10506 (Dec. 27, 2007), the New York Supreme Court, Appellate Division (First Department) addressed the relationship between absent class members and class counsel. In holding that absent class members do not have the right to inspect class counsel's files, as does the client in a more traditional attorney-client relationship, the Court explained: [I]t has been observed, by courts and commentators alike, that ...

That is among the revelations in this very interesting LA Times piece....

... in order to assess the legal analysis supporting the recommended $134 million settlement. The Appellate Division refused to grant Wyly's requested relief, concluding that the cited legal authority of a prior decision, styled Sage Realty Corp. v. Proskauer ... than opting out and pursing individual actions. Of course, absent class members with significant resources, such as Mr. Wyly or a large institutional investor, likely view individual opt-out actions as attractive options given the growing body ...

... , have pleaded guilty to charges related to the case and are serving prison sentences. Wyly has filed a motion for relief from a prior class action settlement involving shareholders of ... a Jan. 20 motion to intervene in the government's criminal case against Milberg, Wyly said the firm and its co-counsel failed to reopen the settlement discussions after ... information, including grand jury testimony and exhibits, isn't relevant to Wyly's lawsuit against Milberg and doesn't include evidence that paid ...

... settled too soon and for too little, in order to grab legal fees prematurely. "Wyly's beef? He claims that Milberg and the others left billions on the table ... and breach of fiduciary duty. Here's the story from Newsday. Newsday reports that Wyly's lawsuit centers on two shareholder lawsuits filed against CA - one ... company. The plaintiffs law firms effectively dropped the 2002 claims, according to the story. Wyly's lawyer, William Brewer, told Newsday that the firms' decision to effectively drop ...

... that "Lerach may have enough cash left over to enjoy his post-jail retirement. And at least he doesn't have to worry about a shareholder suit. . ." Well, maybe he does. Newsday reports, HT Law Blog, that Sam Wyly is suing a bunch of firms, including Coughlin and Milberg Weiss, over a 2003 settlement of shareholders lawsuit against Computer Associates that netted $40 million in fees but allegedly dropped valuable claims. According to Newsday, the suit claims "legal malpractice, fraud, unjust ...

... through the bankruptcy process was an extremely difficult but appropriate decision for our Board of Directors to make," commented James A. Wylie, Jr., Diomed's Chief Executive Officer. "In spite of our intensive efforts to seek a buyer for the ... the impact of infringement of the Company's products in the marketplace and delays in the judicial process proved impossible to overcome," Wylie stated. Diomed expects to complete the asset sale to Biolitec within approximately 60 to 90 days and to sell ...

... involved were properly credited. And since it's caused most of the problems, can we let go of that title already? WHEN WORLDS COLLIDE by Philip Gordon Wylie and Edwin Balmer It's a crusty old staple of hard sci-fi, a 1933 novel that first saw print as a magazine serial. Wylie and Balmer's story begins with a South African astronomer, Sven Bronson, who discovers that a pair of rogue planets are headed for Earth's orbit. Only a small group of ...