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Cuomo Sues Financier Over Madoff Losses
Attorney General Andrew Cuomo yesterday sued J. Ezra Merkin, a prominent financier who sat on the boards of many well-known charities, for feeding his investors' money into the "largest Ponzi scheme in history." Mr. Cuomo's complaint, which raises six civil claims under the state's securities and not-for-proft laws, tallies the losses at $2.4 billion and accuses Mr. Merkin of collecting $470 million in fees for placing with Bernard L. Madoff, in whole or in part, assets from three funds Mr. Merkin managed.Year in Review: The Impact Players
2010 was a tough year for members of the State Commission on Judicial Conduct in their case alleging Texas Court of Criminal Appeals Presiding Judge Sharon Keller violated the Texas Constitution and the Texas Code of Judicial Conduct. The Commission has been named Impact Player of the Year for 2010. Other impact players selected were Nancy Atlas, Gary Cobb, Ophelia Camiña and Sharon Freytag, Gary Cruciani and Barack Obama.We talked to the Texas litigator about new legislation that will impose a modified "loser pays" rule, and make other changes to Texas's litigation system. His take? "Because the bill had the support of both the trial lawyers and the tort reform people, you can be sure it won't have much of an impact."
Divorce battle over control of L.A. Dodgers getting underway
A high-profile divorce trial that could decide the ownership of the Los Angeles Dodgers is expected to highlight attorneys on both coasts who once advised the couple, Frank and Jamie McCourt, regarding a contentious marital property agreement.Firms Put Private Investigators On The Payroll
In a perfect world, firms could employ private investigators who are as skilled as pseudo-bumbling television police detective Columbo.UT President Announces Choice for New Law Dean
Ward Farnsworth, associate dean for academic affairs at Boston University School of Law, has been selected as the permanent replacement for former University of Texas School of Law Dean Lawrence Sager. Farnsworth has worked as a law clerk to Richard A. Posner, chief judge of the 7th U.S. Circuit Court of Appeals, and to Anthony M. Kennedy, associate justice of the U.S. Supreme Court.Trending Stories
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