fbpx
News
August 12, 2016

In the News Today – August 12, 2016

  • Chevron Ruling May Benefit Corporations Facing Foreign Judgements ‘Based on Corrupt Proceedings’: Paul Barrett writes that the Second Circuit’s ruling that plaintiffs’ attorney Steven Donziger “engaged in wrongdoing to secure a $9.5 billion verdict” for Ecuador in litigation against Chevron “may benefit other corporations seeking to avoid enforcement of foreign judgments they contend are based on corrupt proceedings.” (Insurance Journal)
  • Law Firm’s “Term Sheet” Essentially Guaranteed “Commission” From TPLF Loan: In 2014 Joel Brodsky, a criminal defense lawyer, sought “expertise in patent litigation” to support a legal action he was pursuing on behalf of a client. He enlisted the aid of Niro McAndrews firm; Niro McAndrews then proceeded to introduce a “term sheet” to Brodsky that essentially guaranteed Niro McAndrews would receive a “commission” from  litigation financier Gerchen Keller Capital. According to reports, the term sheet also allegedly guaranteed Gerchen Keller a 350 percent return on their loan, plus 3 percent of any judgment awarded. (Cook County Record

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Review Settings