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After a lawsuit accusing high-flying Florida defense lawyer Willie Gary and his firm, Gary Williams Parenti Watson & Gary, of malpractice and racketeering was dismissed in 2016, one of the attorneys named in the suit sought more than $560,000 in sanctions against her accusers, who she said had smeared her with baseless accusations and online “rants.”
Judge Amy Totenberg of the U.S. District Court for the Northern District of Georgia agreed that some sanctions were in order on behalf of attorney Maria Sperando but only awarded $2,000, saying the half-million she wanted was “unduly harsh and unreasonable.”
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
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