A deal skewed by greed? Ex-client says her lawyers' implant deal fashioned their payments before hers

Article Abstract:

Breast implant litigant Kali Korn filed suit Oct 3 against her former lawyers and their firms, saying they moved their payments ahead of hers because of the payer's potential bankruptcy. She received $1.8 million before the payments stopped in May when Dow Corning declared bankruptcy; lawyers Salvador Liccardo and Bruce Finzen got $4.2 million, $3 million of it in a separate payment in Feb 1995. Korn points to a settlement she says she was pressured to sign, as well as a letter between the lawyers.

Surgical Appliance and Supplies Manufacturing, Surgical appliances and supplies, Surgical & Radioactive Implants, Analysis, Compromise and settlement, Settlements (Law), Ethical aspects, Legal ethics, Breast implants, Prostheses and implants

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Paul Hastings suit near trial; defunct spinoff at issue

Article Abstract:

Paul, Hastings, Janofsky and Walker and former partner Ronald S. Barak are being sued for fraud and breach of fiduciary duty by an investor in Leasehold Technology Group, which the plaintiff claims was represented as a free-standing investment when it was really an affiliate venture of the law firm. He claims the law firm obtained favorable treatment for its affiliate while the liability was assumed by third-party investors who were not told the whole story.

Fraud, Fiduciary duties, Paul, Hastings, Janofsky & Walker L.L.P.

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Insurance defense in a shakeout; in-house influx and tort reform are behind upheaval

Article Abstract:

Insurance defense lawyers are finding their specialty to be less sought after, to the point that some firms have ceased business and some lawyers have followed clients in-house. Reasons include insurance companies' move to cut costs by having more work done in-house; the companies' lessening the ranks of outside counsel to those who can offer the best deals; and tort reform's influence on the practice of law.

Insurance, Insurance Carriers and Related Activities, INSURANCE CARRIERS, Insurance industry, Attorneys, Influence, Tort reform, Legal specialization

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