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Three Latin American investors sue over lost millions in Madoff fraud
Three Latin American investors who claim they lost millions of dollars to convicted Ponzi schemer Bernard Madoff are suing a French bank with offices in Miami. BNP Paribas is accused of failing to protect clients' investments by advising them to stay with a hedge fund that turned out to be a feeder fund for Madoff's $65 billion Ponzi scheme, the world's largest uncovered to date.A nationwide sampling of law firm billing rates
The National Law Journal asked the respondents to its 2007 survey of the nation's 250 largest law firms to provide a range of hourly billing rates for partners and associates. The firms that supplied this information � including some firms that are not in the NLJ 250 � are listed below in alphabetical order.After nearly five years of litigation in the United Arab Emirates and Washington, D.C., Juniper Networks and its outside counsel from Kaye Scholer won dismissal of a patent suit brought by a Saudi national wielding a U.S. patent in Dubai.
Sale of Fort Lauderdale office tower tops $44 million
Downtown Fort Lauderdale office tower One Financial Plaza has changed hands in a $44.01 million transaction, according to Broward County records.Latin American Investors Sue Over Millions Lost in Madoff Fraud
Three Latin American investors who claim they lost millions of dollars to convicted Ponzi schemer Bernard Madoff are suing BNP Paribas. The French bank is accused of failing to protect clients' investments by advising them to stay with the Fairfield Sentry hedge fund that turned out to be a feeder for Madoff's $65 billion Ponzi scheme. The lawsuit filed Oct. 26 in Miami-Dade Circuit Court claims the three lost a combined $2.65 million as indirect Madoff investors in the doomed fund.View more book results for the query "Broad and Cassel"
The Bankruptcy Files: Resorts, Furnishings, and Restaurants
It's been a quiet month for business bankruptcies. But several firms landed work on midsize cases, while other large filings loom.3rd DCA grants new trial for BDO Seidman
Accounting giant BDO Seidman won its bid for a new trial today when the 3rd District Court of Appeal overturned a $522 million verdict for Banco Espirito Santo.A nationwide sampling of law firm billing rates
Fla. Court Tosses Out $522 Million Verdict Against Accounting Firm
Accounting giant BDO Seidman won its bid for a new trial Wednesday when an appeals court overturned a record $522 million verdict for Espirito Santo Bank, finding the Chicago firm was put in the unfair position of defending itself in a three-phase trial. BDO was charged with failing to catch fraud related to the collapse of E.S. Bankest, partly owned by Espirito Santo. "What this opinion gets to is investors who have no relationship with accounting firms can't sue them to recover their losses," said a defense lawyer in the case.FBI widens probe: 'Wasn't one-man show'
The FBI estimated that a Ponzi scheme allegedly run by Fort Lauderdale attorney Scott Rothstein may top $1 billion - almost twice previous estimates.Trending Stories
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Europe's Escalating Regulatory Framework: Mapping Efforts to Mitigate Supply Chain Risks
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Law Firm Office Space Perspective: Major U.S. Markets
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