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Accountants Law
 
Albert Hinds v. Sprint/United Management Company and Spring Corporation

Sprint/United Management Company and Sprint Corporation (collectively, "Sprint") discharged Albert Hinds as part of a reduction in force in which his entire department was eliminated. Mr. Hinds sued, alleging that Sprint discriminated against him on the basis of age and retaliated against him for complaining of age discrimination. The district court granted summary judgment for Sprint on both... More...   $0 (04-22-2008 - KS)

New England Health Care Employees Pension Fund v. Robert S. Woodruff

Defendants-Appellants Joseph P. Nacchio and Robert S. Woodruff, the former Chief Executive Officer and Chief Financial Officer of Qwest Communications International, Inc. ("Qwest"), respectively, appeal the district court's approval of a class action settlement in a securities fraud case. The settlement was negotiated between the Plaintiff-Appellee class, including lead plaintiffs New England... More...   $0 (04-03-2008 - CO)

TIG Insurance Co. v. AON Re, Inc.

TIG Insurance Company has sued its broker, Aon Re, Inc., for failing to provide complete information to a reinsurer with whom TIG negotiated a reinsurance treaty. The treaty was rescinded as a result of the incomplete information, and TIG asserts causes of action against Aon Re for negligence, negligent misrepresentation, breach of fiduciary duty, and common-law indemnity. TIG appeals the dis... More...   $0 (03-13-2008 - TX)

Securities and Exchange Commission v. James E. Koenig

On December 21, 2007, the United States District Court for the Northern District of Illinois entered final judgment against defendant James E. Koenig, the former CFO of Waste Management, Inc. after a jury found that he committed 60 securities laws violations in a five-year period. The final judgment follows an 11-week jury trial in 2006 that resulted in a verdict in the SEC's favor against Koenig ... More...   $3350000 (01-03-2008 - IL)

Stoneridge Investment Partners, LLC v. Scientific Atlanta, Inc., et al.

We consider the reach of the private right of action theCourt has found implied in §10(b) of the Securities Exchange Act of 1934, 48 Stat. 891, as amended, 15 U. S. C.§78j(b), and SEC Rule 10b–5, 17 CFR §240.10b–5 (2007). In this suit investors alleged losses after purchasing common stock. They sought to impose liability on entitieswho, acting both as customers and suppliers, agreed toarrangeme... More...   $0 (01-23-2008 - MO)

New England Health Care Employees Pension Fund, etc. v. Robert S. Woodruff; Joseph P. Nacchio

Defendants-Appellants Joseph P. Nacchio and Robert S. Woodruff, the former Chief Executive Officer and Chief Financial Officer of Qwest Communications International, Inc. ("Qwest"), respectively, appeal the district court's approval of a class action settlement in a securities fraud case. The settlement was negotiated between the Plaintiff-Appellee class, including lead plaintiffs New En... More...   $0 (01-20-2008 - CO)

Adrain Mathai, et al. v. Daniel D. Warren and Kathleen A. Warren

Adrian and Zubin Mathai were once business associates of Daniel and Kathleen Warren. After they had a falling out, the Mathais sued the Warrens and vice versa. Before the litigation got very far, the Warrens filed for bankruptcy under Chapter 7 of the Bankruptcy Code. Their filings indicated that they had essentially no assets available for creditors. Skeptical, the Mathais filed a compl... More...   $0 (01-09-2008 - UT)

Lauren Sabados v. Planned Parenthood of Greater Indiana

Defendant, Planned Parenthood of Greater Indiana, Inc. (PPI)1, appeals the order of the trial court denying its motion to dismiss the underlying cause of action for lack of jurisdiction pursuant to section 2-209 of the Code of Civil Procedure (Code) (735 ILCS 5/2-209 (West 2004)) in favor of plaintiff, Lauren Sabados. On appeal, defendant contends that the trial court erred in denying its... More...   $0 (01-08-2008 - IL)

Louis S. Ederer v. Steven R. Gursky

This appeal calls upon us to explore the nature and scope of Partnership Law § 26(b). We hold that this provision does not shield a general partner in a registered limited liability partnership from personal liability for breaches of the partnership's or partners' obligations to each other. - 2 - No. 133

I.

The relationship that deteriorated into this acrimonious dispute b... More...   $0 (12-20-2007 - NY)

Securities and Exchange Commission v. Brian M. Adley

The Securities and Exchange Commission announced that a federal court jury returned a verdict today in the SEC's favor on all securities fraud charges against Brian M. Adley, who is the former chairman, chief executive officer and controlling shareholder of Chancellor Corporation, a defunct Boston-based transportation equipment-leasing company.

Adley was found liable for using fabricated ... More...   $1 (11-17-2007 - MA)

George T. Cox v. Southern Garrett, LLC., et al.

Appellant, George Thomas Cox, appeals a take-nothing final judgment that the trial court granted in favor of appellees, Southern Garrett, L.L.C., Southern Chemical Corp., Excelerate Trading, L.L.C., Roger Moyers, Stephen Korkmas, Wildebrand H. Spin, Fred Wood, Jan T. Spin, and ABC Chemical Corp. In three issues on appeal, Cox argues that the trial court erred by (1) refusing to enforce Souther... More...   $0 (10-15-2007 - TX)

Harvey Weber v. Pascarella Mason Street, LLC

The defendant, Pascarella Mason Street, LLC, appeals from the judgment of the trial court denying its application to discharge or reduce a mechanic's lien placed on its property by the plaintiff, Harvey Weber. The defendant claims that the court improperly concluded that (1) all of the services for which the plaintiff filed the lien were lienable and (2) the amount of the lien was not ... More...   $0 (09-12-2007 - CT)

R. Lamara Wheeler v. Wheeler, Erwin & Fountain, P.A., et al.

In these two consolidated appeals, appellant seeks review of two final judgments. Because we conclude that the trial court erred when it entered judgment 2 against appellant on his claim seeking payment pursuant to a deferred compensation agreement, we reverse that portion of the first judgment and remand with directions that the trial court enter judgment for appellant on that claim. We a... More...   $0 (08-21-2007 - FL)

JAMES M. CLIFTON, INC. AND JAMES M. CLIFTON v. PREMILLENIUM, LTD.

James M. Clifton, Inc. and James M. Clifton (together, "Clifton"), appeal a summary judgment in favor of appellee Premillenium, Ltd. For the reasons discussed below, we reverse the judgment of the trial court and remand this cause for further proceedings. Background

In an earlier lawsuit, Premillenium sued Clifton and others in a dispute arising out of their participation in the co... More...   $0 (07-28-2007 - TX)

Clearone Communications, Inc. and Edward Dallin Bagley v. National Union Fire Insurance Company of Pittsburgh, Pennsylvania

National Union Fire Insurance Company of Pittsburgh, Pennsylvania rescinded an executive liability insurance policy it issued to ClearOne Communications, Inc. based on misrepresentations in financial statements accompanying ClearOne's application for the insurance. ClearOne filed suit challenging National Union's action. The district court granted summary judgment in favor of National Union, co... More...   $0 (07-26-2007 - UT)

Terra Nova Insurance Company v. Evan Fray-Witzer & Metropolitan Antiques, LLC; Royal & Sunalliance USA

The principal issue we are asked to decide is whether unsolicited facsimile advertisements sent to Massachusetts residents by a New Jersey company, allegedly in violation of the Telephone Consumer Protection Act, 47 U.S.C. § 227 (2000) (TCPA), caused covered injuries under the terms of two general liability insurance policies. [FN2] Although we conclude that the facsimile transmissions at issue... More...   $0 (07-11-2007 - MA)

Johnson Bank v. George Korbakers & Co., LLP

In this diversity suit governed by Illinois law, a bank complains that it lost money as a result of errors in an audit of one of its borrowers, Brandon Apparel Group, Inc., by the defendant, GKCO. The bank contends both that it is a third-party beneficiary of the letter contract by which Brandon retained GKCO to conduct the audit and that GKCO committed the tort of negligent misrepresent... More...   $0 (12-18-2006 - IL)

Wells Fargo Bank Wyoming, N.A. v. Edwin C. Hodder, et al.

[1] The beneficiaries of a trust filed a complaint against their trustee, Wells Fargo Bank Wyoming, N.A. (Wells Fargo), claiming it breached its fiduciary duties. After a bench trial, the district court held generally for the beneficiaries. Wells Fargo appealed, asserting several points of error in the trial court's findings. The beneficiaries filed a cross-appeal claiming error in the tria... More...   $0 (10-13-2006 - WY)

Robert E. Vigil v. State Auditor's Office of the State of New Mexico, et al.

{1} This case involves a dispute between two state auditors, Plaintiff Robert E. Vigil and Defendant Domingo P. Martinez. After Vigil left office as state auditor, Martinez took over and had an independent audit performed on Vigil's work at the agency by Defendant Dennis R. Kennedy, C.P.A., and his Albuquerque accounting firm, Dennis R. Kennedy, P.C. The report issued by Kennedy made sev... More...   $0 (06-01-2005 - NM)

Roger Klein v. Oppenheimer & Co., Inc.

The principal issue in this case is the liability of a clearing broker for the sale of unregistered securities under the Kansas Securities Act. It is an issue of first impression.

Roger Klein had a brokerage account with L.T. Lawrence. L.T. Lawrence, functioning as an originating or introducing broker, sold unregistered securities through Oppenheimer & Co., Inc. (Oppenheimer), a clearing ... More...   $0 (04-10-2006 - KS)

Stephenson v. Oneok Resources Company

1 This case arises from a dispute regarding overhead charges under an oil and gas lease joint operating agreement (JOA) and its attached Council of Petroleum Accountants Societies (COPAS) accounting procedure. 1 The operator under the JOA, Defendant/Appellant Oneok Resources Company (Operator), seeks review of the trial court's judgment, based on a jury verdict, granting judgment against it bot... More...   $0 (05-21-2004 - OK)

Earle B. Gregory, et al. v. Finova Capital Corporation

Appellee-noteholders filed a class action suit against the principal lender of the now-bankrupt company that issued the notes. The district court certified the class action. However, there is a currently pending bankruptcy adversary proceeding dealing with most of the same questions at issue in the class action. We reverse the class certification because, in light of the adversary proceedi... More...   $0 (03-16-2006 - SC)

Business To Business Markets, Inc. v. Zurich Specialists, et al.

In July 2000, appellant Business to Business Markets, Inc., also known as "B2B," hired Tricon Infotech, an Indian software company, to write a custom-made computer program for B2B's business. One term of their contract obligated Tricon to carry an errors and omissions insurance policy to compensate B2B if Tricon failed to deliver the promised software.

B2B thereafter contacted Hoyla, ... More...   $0 (12-29-2005 - CA)

Massachusetts Asset Financing Corporation v. Harter, Secrest & Emery, LLP, Sardone, robinson & SChnell, and MB Valuation Services, Inc.

This case arises from a loan made by Plaintiff Massachusetts Asset Financing Corp. ("Plaintiff") to American Mold Corporation ("American Mold"). The loan was secured by American Mold's manufacturing equipment, which had been appraised at $1.1 million dollars, but eventually sold for $30,000 after American Mold defaulted on the loan and went bankrupt. Plaintiff filed suit against American Mold's... More...   $0 (12-08-2005 - MA)

Jerome S. Richman v. Acceptance Ins. Co.

This is an appeal of a shareholder liability suit against Acceptance Insurance Companies and some of its officers. The shareholder group appeals the district court's1 orders granting a motion to dismiss and a motion for summary judgment as to all of their claims. The Appellants raise three major issues in this appeal. First, they argue that the district court erred by granting the Appell... More...   $0 (08-30-2005 - NE)


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