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7 Feb 2012, 10:12 am by Max Kennerly, Esq.
Truth is, as impressive as a $200 million verdict may be, the plaintiff and his lawyers have little chance of seeing a penny of it, and the same would be true of most cases involving punitive damages. [read post]
28 Feb 2011, 12:39 am by Kevin LaCroix
" Indeed it was this very circumstance that "allowed us to invest $15.6 billion in 25 days of panic following the Lehman bankruptcy in 2008. [read post]
12 Mar 2025, 9:05 pm by renholding
Indeed, the sad truth is that ability and mobility go together, and those most likely to leave will be those whom private firms most want to attract. [read post]
20 Sep 2010, 10:30 am by Carolyn Elefant
   Again, this is not as much of an issue for larger firms, who (with the exception of bankruptcy cases where the estate pays, so no one cares about flat fees) tend to represent clients who pay attorneys fees to other parties, rather than recover fees themselves. [read post]
26 Apr 2022, 12:46 pm by Michael W. Scarborough
  This is in contrast to the protections afforded directors, officers, and employees of a Type A applicant, for whom non-prosecution protection is guaranteed so long as they provide timely, truthful, continuing and complete cooperation. [read post]
26 Jun 2009, 11:32 am
by Laura MacCleery After listening to a stirring speech by Professor Elizabeth Warren of the Senate Congressional Oversight Committee on the bailout last Saturday at the American Constitution Society convention, I was struck by the many similarities between credit card company practices in moving the profitability of financial products towards the "back end" penalties and fees, and those I uncovered several years ago in the automobile lending context. [read post]
23 Apr 2025, 12:35 pm by Kevin LaCroix
” So, the fact that Mr Chandler, although not dishonest, was facing bankruptcy as a result of being in office and failing to act properly at a time when the company was trading while insolvent did not result in a more lenient award against him. [read post]
19 Dec 2010, 1:16 am by Mandelman
The only real question is whether the people will come to understand what’s happened and is being allowed to continue  to happen before we all learn the truth of the matter the hard way. [read post]
17 Feb 2010, 5:22 am by Maxwell Kennerly
Judge Sheppard only had it for two weeks, though, since Cravath, like virtually every out-of-state defendant, promptly removed the case to Federal court, i.e. the Eastern District of Pennsylvania, where it was assigned to Judge Eduardo Robreno (whose work in the Philadelphia Inquirer bankruptcy I've covered before). [read post]
15 Dec 2011, 1:54 am
In fact, I can state it in just nine words:The more government grows, the worse the economy becomes.The latest discovery of this truth is announced in a wide-ranging study of 108 countries over the years 1970-2008 conducted by the very geniuses who brought to you the most humongous central government bureaucracy the world has seen to date: the Europeans ( in particular, the staff of the European Central Bank, in Frankfurt, Germany). [read post]
25 May 2011, 11:52 am by admin
(Sovereign bankruptcy, which has been practiced before, is impractical without an absolute monarch, but runaway inflation will do nearly as well.) [read post]
28 Feb 2011, 8:16 am by admin
Though he was the subject of an investigation shortly after the Lehman bankruptcy, it appears that prosecutors are moving on. [read post]
24 May 2022, 4:16 pm by INFORRM
A real issue arises with equality of arms, where a defendant cannot afford to defend a claim, never mind risking an adverse costs order with the possibility of bankruptcy etc [read post]
14 Oct 2019, 2:58 pm by Nora Freeman Engstrom, Diana Garnet Li
  According to the State’s lawyer:  “J&J marketed their mesh as safe and effective, quick and easy . . . but J&J knew the truth was otherwise. [read post]
1 Feb 2011, 9:57 am
The truth is, that when our government was founded, it did have the sole power to create new money -- by minting coins from gold and silver it purchased from private miners of and dealers in those metals. [read post]