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Archive for October, 2011

AP Enterprise: Brown estate was saddled by debt

(AP)  COLUMBIA, S.C. — James Brown’s charitable trust had withered to just $14,000 and his estate was saddled with more than $20 million in debt before a professional money manager was able to turn it around, an attorney told The Associated Press. Under a complex 2009 settlement, the manager took control of Brown’s assets from Keep Reading…

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Prosecutors reject LaSaracina’s gambling claims (CT)

Felix Robert LaSaracina “carefully and methodically defrauded his victims over many years, knowing all the while that what he was doing was wrong,” according to a government sentencing memorandum that paints the former Norwich accountant as a dishonest schemer. Assistant U.S. Attorney Michael McGarry, who signed the 33-page document, rejects the notion that LaSaracina’s “alleged Keep Reading…

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Appellate court rules against Boca Raton attorney in estate battle

WEST PALM BEACH — An eccentric Palm Beach man’s generous bequest to leave the bulk of his multimillion-dollar estate to the poor children of Panama has sparked vicious legal battles both here and in the impoverished Central American nation. The war intensified this week when the 4th District Court of Appeal agreed that a Boca Raton Keep Reading…

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Supreme Court weighs lawyer immunity limits (CT)

Should court-appointed attorneys for society’s most vulnerable enjoy immunity from liability for their actions, and, if so, how much? That was the question facing the Connecticut Supreme Court last week in the aftermath of a lawsuit filed by the estate of Daniel Gross, a New York resident whose visit to Connecticut ended in a 10-month Keep Reading…

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Now who’s crying over spilled milk? (CA)

Let’s not get too excited yet, but it is noteworthy that a California court actually appears to be putting a family’s rights of inheritance ahead of too frequent business-as-usual legal industry tactics. Orange County Superior Court Approves RICO Complaint against Law Firm Involved in 25 million dollar fraud on the founders and heirs of Alta Keep Reading…

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