Law Advice

The owners of the New York Mets have settled their dispute with trustee Irving Picard over his attempt to claw back some $300 million in profits from Bernard L. Madoff’s Ponzi scheme. The settlement, announced on the brink of jury selection, calls for the defendants to pay $162 million to the trustee. View full post [...]

Seagram Building Owners in Legal SpatWall Street JournalBy CRAIG KARMIN When New York developer Aby Rosen borrowed $160 million last year to buy out billionaire Peter Brant's stake in the Seagram building, he strengthened his hold over the world-famous skyscraper. Now another owner in the building is suing …and more » View full post on legal [...]

Bloomberg Mets Owners' Legal Troubles Continue: Judge Refuses To Dismiss Lawsuit, Sets …SB NationA judge refused to dismiss a lawsuit against the New York Mets' owners on Monday, and a trial will be held on March 19. The judge said the Mets' owners owe $83 million and could be liable for hundreds of millions more. [...]

Libya Plans Law to Return Qaddafi Land, Buildings to OwnersBusinessWeek27 (Bloomberg) — Libya will announce a law that will return land and buildings expropriated by late ruler Muammar Qaddafi to the original landowners “within weeks,” a senior member of the Land Ownership Committee said. “Phase one will return unused …and more » View full post on [...]

CHICAGO – A Seventh Circuit U.S. Court of Appeals panel on Feb. 2 affirmed that owners of personal motor vehicles cannot be expected to pay for response costs resulting from accidents because they fall under the “consumer product in consumer use” exception in the Comprehensive Environmental Response Compensation and Liability Act (CERCLA) (Emergency Services Billing [...]

LOS ANGELES – A California federal judge on Jan. 26 denied a motion to certify a class of Harley-Davidson motorcycle owners who claim that a defect in the construction of their bikes has caused “severe wobbling” (Steven C. Bruce, et al. v. Harley-Davidson Motor Company, Inc., No. 09-6588, C.D. Calif.). View full post on LexisNexis® [...]

Kansas Immigration Law: Kansas's Business Owners Ask Legislators To Start …Huffington PostAn architect of state and local laws cracking down on illegal immigration is a leading Republican officeholder in Kansas, but business groups in his home state are asking legislators to move in the opposite direction by starting an unusual program …and more » View full [...]

OKLAHOMA CITY – The owners and operators of a durable medical equipment (DME) company in Oklahoma were sentenced Jan. 26 to a year in prison and ordered to pay restitution for their participation in a health care fraud scheme against Medicare (United States of America v. Adedayo O. Adegboye, et al., No. CR-11-030, W.D. Okla.). [...]

Sydney Morning Herald Costa Concordia's owners fend off shipwreck legal pressureVancouver SunGIGLIO ISLAND, Italy – Europe's biggest cruise ship operator on Wednesday sought to distance itself from a disaster in which up to 32 people are feared to have died, as legal pressure mounted on the company. Grilled by a Senate committee in Rome, …Legal [...]

SANTA ANA, Calif. – The Fourth District California Court of Appeal on Jan. 17 affirmed a trial court decision to deny class certification to a group of mobile home owners who claim to have suffered water damage to their properties, concluding that the trial court did not err by finding that “common issues did not [...]