Merrill Lynch sues Manatt; brokerage accuses big L.A. firm of malpractice, fraud costing millions
Article Abstract:
Merrill Lynch and Co. has filed suit against California's firm Manatt, Phelps and Phillips, charging the law firm with knowingly helping entrepreneur Bruce P McNall perpetrate and conceal bank fraud so as to mislead the brokerage into a money-losing partnership with him. The brokerage's suit says it relied on Manatt's assurances that McNall's finances were sound when it teamed with him to administer his World Coin Fund and take it public in 1990. What McNall concealed, according to the suit, was that he diverted massive monies from the fund for his personal use.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1998
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Lawyers sue INS for access to aliens
Article Abstract:
Central American Refugee Center v. Reno was filed in July 1993 in federal district court in Los Angeles. The attorney-plaintiffs in this case are suing the Clinton administration over the treatment of detainees facing deportation, contending that this treatment violates immigration statutes as well as the First and Fifth Amendments. At the time of the last federal court decision affirming the rights of detainees, Orantes v. Thornburgh, most detainees were Central American, and now that this is no longer the case attorneys feel more court action is needed.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1993
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Retrials and tribulations: some lawyers would rather 'eat ground glass' or jump off a tall bridge than retry a case
Article Abstract:
Nearly all lawyers hate retrials but remarkably little has been done to show whether a second, third, or fourth trial favors the prosecution or defense, or what strategies work best. Figures saying that 5.6% of juries deadlock, or that the prosecution wins 75% of retrials, are based on narrow and dated studies. The prosecution may benefit from foreknowledge of defense surprises where not entitled to discovery. The strain of retrials is telling, and often leads to new sets of lawyers on one or both sides.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1995
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- Abstracts: Expert sues three law firms; claims defendants conspired to destroy consulting business. Texas judge sues colleagues; claims her dissent should be filed even though she did not hear case
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