Word: courtroom
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Dates: during 1980-1989
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Zaccaro's week did not finish so buoyantly. In a New York City courtroom on Thursday, he was obliged to explain his questionable performance as the paid, court-appointed conservator of an elderly woman's assets: in the past year Zaccaro borrowed $175,000 from her funds to use in his business. He reported the loans to a representative of the court, and when notified that he had acted improperly, paid the money back promptly with 12% interest. He did nothing illegal, but the judge could remove him as conservator. Said a New York banker: "He's an honest...
...jurist is challenged for his blunt courtroom remarks...
With an audience like this," said U.S. District Judge Miles W. Lord as he gazed around the courtroom, "I should make a speech. It's very tempting." But throughout the two-day hearing last week in St. Paul, the outspoken judge was uncharacteristically quiet. The reason: the subject of the proceeding was Miles Lord...
...issue was Lord's treatment of three top A.H. Robins Co. executives who appeared in his courtroom last February to sign a $4.6 million settlement of seven lawsuits involving the pharmaceutical firm's Dalkon Shield. The intrauterine birth-control device, which was on the market in the U.S. from 1970 to 1974, has been linked to severe pelvic infections and septic abortions; the Shield is also alleged to have caused 18 deaths. Ten thousand women have filed lawsuits and claims against the company, which has thus far paid out $220 million in compensation and $13 million in punitive...
Blunt and strongwilled, Lord is a resolute populist who has challenged large corporations both inside and outside his courtroom. Lambasting business wrongdoing in the U.S. in a 1981 speech, he declared, "Even Hitler, when he was butchering people, articulated a reason to his madness. We don't even do that." Earlier this year, Lord reluctantly approved a plea bargain with the Sperry Corp., which had been accused of overcharging the Defense Department. "It hasn't been called to my attention," he complained to the Justice Department attorneys, "that any individual has been punished...