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Lawyers, firms stake claims in Masry & Vititoe bankruptcy
At least four lawyers and law firms are among the top creditors of Masry Vititoe, the personal injury law firm of Erin Brockovich fame that filed for Chapter 11 bankruptcy protection on Aug. 14. The firm, based in Westlake Village, Calif., said in bankruptcy court papers that it has spent $3 million defending lawsuits filed by the family and estate of former name partner Edward Masry, who died in 2005.The Bankruptcy Files: Razors, Outsourcers, and Telecoms
Association Installs New Slate of Officers
Princeton attorney Richard Steen was sworn-in as the 112th president of the New Jersey State Bar Association at its Annual Meeting and Convention in Atlantic City.AFL-CIO Rift Means More Billed Hours
Attorneys on both sides will make more money, because the defections from the labor powerhouse portend more organizing efforts.View more book results for the query "*"
Ruling on holding company value
Valuation is often a major issue in estate and gift tax returns, and the appropriateness of valuations has long been litigated. The 11th Circuit, in Estate of Jelke, recently reversed the U.S. Tax Court by ruling that the value of a holding company is reduced by the entire built-in capital gains tax liability for federal estate tax purposes. The 11th Circuit joins the 5th Circuit in this holding. Previously, the 2d and 6th circuits had held that some discount is appropriate, but not a full reduction.Judicial Biographies — Vicinage 3 — Burlington
Biographies for Vicinage 3.Verdict Out on Whether Legal Team Gave Good Advice in Mark Foley E-Mail Case
Many attorneys are wondering whether disgraced former congressman Mark Foley and his advisers made the right choice by going public with the news that the former lawmaker is an alcoholic who was abused as a child, while others question his hiring a prominent criminal defense lawyer as his mouthpiece. It hasn't been confirmed whether Foley had sexual contact with any of the recipients of his e-mails or instant messages, but he could face charges relating to using the Internet to solicit sex with minors.Trending Stories
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