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THE 26TH ANNUAL VIEW FROM THE BENCH
DADE COUNTY COURTHOUSE COURTROOM 6-1 305-579-5733 EXT. 2252Sanctions Send Shock Waves Through Florida Employment Law Community
The respected Fort Lauderdale, Fla.-based employment discrimination firm of Amlong & Amlong was hit with stiff sanctions by a federal judge for "bad faith and willful disregard for the judicial process" for pursuing a suit against a Denny's restaurant on behalf of a client who says she was raped by the managers there. The total amount of sanctions against the husband-and-wife firm could top $500,000.Less than a week after the Swiss bank's $780 million deferred prosecution deal, the Justice Department is pressing hard to find out the names of some 52,000 people with private UBS accounts.
Former WorldCom Chairman Finds Shelter in Homestead Exemption
Unbeknownst to his fellow Palm Beach socialites, John A. Porter's gilded lifestyle is legally tenuous. The former WorldCom chairman has filed for bankruptcy and faces several suits. But Porter will likely maintain a lifestyle far beyond the means of most Americans thanks to Florida's controversial "millionaire's loophole," which offers a virtually unlimited homestead exemption. And that infuriates some former WorldCom employees and investors who lost their incomes and life savings when the company failed.Amid the doom and gloom we've been reporting on from the plaintiffs' side of the securities class action business, here are two reasons for cheer: the reinstatement of cases in Florida and Maryland.
Getting the Delaware Chancery Court to permanently block a deal is no easy feat, but Pickhardt pulled it off on Monday for BankAtlantic investors hoping to scuttle the bank's sale of $2.1 billion in loans and $3.3 billion in deposits to BB&T.
The 180-page list of exhibits produced by a Senate subcommittee holding hearings on offshore tax havens includes a very interesting memo from Baker & Mackenzie to UBS. The memo warns UBS about the risk of using offshore devices to hide the identity of U.S. clients. But it appears UBS didn't follow its lawyers' advice.
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