Argentina and various banks must reveal information about the nation's assets to U.S. bondholders who are owed about $1.5 billion, a federal appeals court said Tuesday, though the panel cautioned a judge that a sovereign state is entitled to grace and civility and some records may be off limits.
The ruling by a three-judge panel of the 2nd U.S. Circuit Court of Appeals gives a green light to lawyers for bondholders who refused to trade their holdings for bonds worth less than half as much after Argentina in 2001 defaulted on $100 billion of debt.
U.S. District Judge Thomas P. Griesa had allowed the lawyers to pursue records from Argentina and related entities, including banks.
The appeals court said his discretion over what must ultimately be turned over is delicate, especially when it affects Argentina's diplomatic and military affairs.
It said it might not be possible for Griesa to review documents regarding diplomatic or military issues on his own to determine if they are relevant. The appeals panel said he should be "effective and respectful" as he handles the sensitive aspects of the document review.
The ruling came after U.S. hedge funds that hold Argentina bonds won judgments requiring that they be paid. The hedge funds claim Argentina defaulted on $1.5 billion they are owed after moving assets far and wide to hide them from creditors.
Argentina said in court papers it is being harassed by the hedge funds.
It said the requests for information concern property and finances of the republic's military and diplomatic core, over 100 separate entities and top republic officials including its current and former presidents.
Monday, December 29, 2014
'Saved by the Bell' Actor Due in a Wisconsin Court
Dustin Diamond, the actor who played Screech in the 1990s television show "Saved by the Bell," is expected to appear in a Wisconsin courtroom.
Diamond is accused of stabbing a man during a bar fight on Christmas Day in Port Washington, where he currently lives. A criminal complaint charges Diamond with second-degree recklessly endangering safety, disorderly conduct and carrying a concealed weapon.
A hearing is scheduled Monday afternoon in Ozaukee (oh-ZAH'-kee) County Circuit Court.
The criminal complaint says Diamond and his fiancee got into a tussle with two men and a woman at the Grand Avenue Saloon on Thursday night.
Diamond told police he accidentally stabbed one of the men while trying to defend his fiancee. The man was not seriously injured. Police say officers recovered a switchblade.
Diamond is accused of stabbing a man during a bar fight on Christmas Day in Port Washington, where he currently lives. A criminal complaint charges Diamond with second-degree recklessly endangering safety, disorderly conduct and carrying a concealed weapon.
A hearing is scheduled Monday afternoon in Ozaukee (oh-ZAH'-kee) County Circuit Court.
The criminal complaint says Diamond and his fiancee got into a tussle with two men and a woman at the Grand Avenue Saloon on Thursday night.
Diamond told police he accidentally stabbed one of the men while trying to defend his fiancee. The man was not seriously injured. Police say officers recovered a switchblade.
Thursday, December 11, 2014
Aggressive Securities Arbitration Services
Conway & Conway law firm, located in New York, are impassioned about representing public customers and industry professionals all over the world with a team of devoted futures, securities, and commodities arbitration attorneys. Constantly keeping abreast of developing and current regulatory reforms, U.S. securities laws, and other topics of interest to professionals and investors, our firm is responsive and agile. We are large enough to handle many cases and simultaneously provide personalized service to each client for their futures, securities, or commodities case.
Founded in 1988, Conway & Conway has been a successful New York City securities arbitration law firm, yielding fantastic results in securities arbitration cases from their 565 Fifth Avenue headquarters.
At Conway & Conway, the firm's attorneys have the know-how to deal with litigation and business counseling. At all points of negotiation and acquisition, along with wrongful termination and other corporate matters, we have advocated on behalf of our corporate clients. In addition to corporate clients, the firm works with commercial clients in all types of commercial and business litigation as well.
In the financial services industry, Conway & Conway gives exceptional legal counsel to the public. Whether its investors in dispute or issues with registered representatives and other associates, they have the high-caliber legal counsel to help. Fraud lawyers at the firm are well-versed in all things concerning the laws that apply to the securities and futures industries.
The commodity merchant attorneys at Conway & Conway provide litigation and arbitration services for international commodity merchants related to trade disputes. Their extensive trial experience, combined with a unique familiarity with the commodities industry foreign exchange and futures markets, enables Conway & Conway dedicated commodity arbitration attorneys to resolve serious commodity trade disputes in a timely and cost-effective manner.
For international commodity merchants, the commodity merchant attorneys at Conway & Conway administer arbitration and litigation services pertinent to trade disputes.
Founded in 1988, Conway & Conway has been a successful New York City securities arbitration law firm, yielding fantastic results in securities arbitration cases from their 565 Fifth Avenue headquarters.
At Conway & Conway, the firm's attorneys have the know-how to deal with litigation and business counseling. At all points of negotiation and acquisition, along with wrongful termination and other corporate matters, we have advocated on behalf of our corporate clients. In addition to corporate clients, the firm works with commercial clients in all types of commercial and business litigation as well.
In the financial services industry, Conway & Conway gives exceptional legal counsel to the public. Whether its investors in dispute or issues with registered representatives and other associates, they have the high-caliber legal counsel to help. Fraud lawyers at the firm are well-versed in all things concerning the laws that apply to the securities and futures industries.
The commodity merchant attorneys at Conway & Conway provide litigation and arbitration services for international commodity merchants related to trade disputes. Their extensive trial experience, combined with a unique familiarity with the commodities industry foreign exchange and futures markets, enables Conway & Conway dedicated commodity arbitration attorneys to resolve serious commodity trade disputes in a timely and cost-effective manner.
For international commodity merchants, the commodity merchant attorneys at Conway & Conway administer arbitration and litigation services pertinent to trade disputes.
Tuesday, December 9, 2014
Massachusetts Real Estate Attorney
For more than 30 years, Attorney Alan H. Segal has been lending legal expertise to the Greater Boston Massachusetts area from his Needham, Massachusetts Law Office. With great attentiveness, Alan and his associates have given legal consultation in business law, estate planning, and Massachusetts real estate law.
You can find Alan on the radio, cable, and local television sharing his ideas about current legal news. Navigating your way through the legal system can be a confusing and difficult task. He and his staff know that and want to be there for you as "YOUR LAWYER".
To visit the Law Office of Alan H. Segal, head to the intersection of Highland Ave and Route 128/95 on the Newton / Needham border, next to Staples.
Attorney Alan H. Segal has been known as a renowned Massachusetts real estate attorney for over 30 years. Sellers, buyers, and lenders of Massachusetts real estate property are all represented by his practice.
It is prudent to seek the guidance of a real estate agent like Alan to help with all real estate home buying in Massachusetts, as all such transactions have legal issues and tax consequences.
If you need an experienced Massachusetts real estate attorney contact us today for a free and confidential consultation!
You can find Alan on the radio, cable, and local television sharing his ideas about current legal news. Navigating your way through the legal system can be a confusing and difficult task. He and his staff know that and want to be there for you as "YOUR LAWYER".
To visit the Law Office of Alan H. Segal, head to the intersection of Highland Ave and Route 128/95 on the Newton / Needham border, next to Staples.
Attorney Alan H. Segal has been known as a renowned Massachusetts real estate attorney for over 30 years. Sellers, buyers, and lenders of Massachusetts real estate property are all represented by his practice.
It is prudent to seek the guidance of a real estate agent like Alan to help with all real estate home buying in Massachusetts, as all such transactions have legal issues and tax consequences.
If you need an experienced Massachusetts real estate attorney contact us today for a free and confidential consultation!
Wednesday, September 3, 2014
Legislature heads to court on education finance
The Washington Supreme Court is marking the beginning of school with a mandatory assembly for the Legislature on education finance.
The court has ordered lawmakers to come to court on Wednesday to explain why they haven't followed its orders to fix the way Washington pays for public education.
Lawmakers, the governor and others say the court needs to be patient and give the Legislature more time to fulfil the orders in the 2012 McCleary decision.
Thomas Ahearne, the attorney for the coalition that sued the state over education funding, says the Legislature has made so little progress toward meeting the goal that only more pressure from the court will make it happen.
The McCleary decision said lawmakers are not meeting their constitutional responsibility to fully pay for basic education and they are relying too much on local tax-levy dollars to balance the education budget.
The court commended the Legislature for passing some reforms in the K-12 system and for starting to pay for them. The McCleary decision orders the Legislature to finish paying for the reforms, which may add more than $4 billion to the state's biennial budget, according to some government estimates.
The Legislature was given until the 2017-18 school year to fix the problem.
Among the reforms awaiting payment: all-day kindergarten in every school; more instructional hours for high school students to help them earn 24 credits to graduate; pupil transportation fully supported by state dollars; a new formula for school staffing levels, smaller classes in the lower grades; and more state support for school equipment and supplies.
"The Drummond & Nelson Difference" – Aggressive Representation
Getting the right representation begins with getting the right attorney. An attorney should not be selected solely based on a billboard, slogan, or advertised alleged fee reductions. If you have been injured or charged with a crime, you need an experienced attorney who will aggressively advocate for you to get the best possible outcome in your case.
Our attorneys have extensive trial and negotiation experience in all areas of criminal defense in Clark County Justice Courts, District Courts, Las Vegas Municipal Courts, Henderson Municipal Courts, North Las Vegas Municipal Courts and Nevada Federal Court. Our attorneys are licensed to practice law in all State and Federal Courts in Nevada.
When investigating which attorney to hire, remember that there is no charge for your initial
consultation with our office to discuss your case. We work on a contingency fee basis on injury cases, meaning you don't pay us any up-front fees since we would be paid out of the amount of your recovery. If you live in Las Vegas or were a tourist or visitor when your injury or alleged criminal conduct occurred, contact us for a free initial consultation to discuss your rights and the best approach to resolving your case successfully. Hire Drummond & Nelson and you'll meet one-on-one with an attorney who will be personally involved in every aspect of your case.
Our attorneys have extensive trial and negotiation experience in all areas of criminal defense in Clark County Justice Courts, District Courts, Las Vegas Municipal Courts, Henderson Municipal Courts, North Las Vegas Municipal Courts and Nevada Federal Court. Our attorneys are licensed to practice law in all State and Federal Courts in Nevada.
When investigating which attorney to hire, remember that there is no charge for your initial
consultation with our office to discuss your case. We work on a contingency fee basis on injury cases, meaning you don't pay us any up-front fees since we would be paid out of the amount of your recovery. If you live in Las Vegas or were a tourist or visitor when your injury or alleged criminal conduct occurred, contact us for a free initial consultation to discuss your rights and the best approach to resolving your case successfully. Hire Drummond & Nelson and you'll meet one-on-one with an attorney who will be personally involved in every aspect of your case.
Tuesday, August 19, 2014
Ala court upholds generic drug decision
The Alabama Supreme Court is standing by a decision that business sees as a defeat.
The court on Friday issued an opinion that mostly parallels its ruling last year in a generic drug case.
A divided court says the original decision isn't as broad as some are claiming. But a majority stuck by a 2013 decision saying a brand-name drugmaker can be held responsible by someone who took a generic medication made by a different company.
The Business Council of Alabama says it's disappointed. So is Wyeth, the drug manufacturer sued by Danny and Vicki Weeks over the man's use of a generic form of the brand-name medicine Reglan.
The Weeks filed suit in federal court, and a judge asked the Supreme Court to clarify state law.
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