Word: legality
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...others devastated by Madoff's $50 billion global Ponzi - people like me, who collectively may have contributed 30% to 50% of Madoff's billions under management and never heard of Madoff until a month ago - are wondering what to do and whom to sue. Currently there are 17 legal cases filed against Madoff or his feeder-fund managers, according to the D&O Diary, a legal blog following the case. Some of these suits are akin to grasping at straws. For example, my feeder-fund manager, Stanley Chais, has already said he's broke because of losses suffered with Madoff...
...pilot program run by an outside vendor. Though the UC overwhelmingly passed a bill yesterday requiring its members to e-mail their House lists about the opportunity, the council declined to formally put its stamp of approval on the project, known as Crimson Cable, because of fears of legal liability. Crimson Cable, founded and headed by Nicholas J. Castine ’10, plans to conduct a trial run that would provide 100 students with 250 television channels over the Internet. Students who sign up within the next week or so will likely have cable by the start of second...
Whatever the defense strategy, the trial is likely to be good theater. Genson and Fitzgerald have already been trading jabs in the legal back-and-forth during the impeachment proceedings and in the run-up to the indictment. They are playing to an audience that extends far beyond a potential jury pool, says Jack Doppelt, a lawyer, investigative journalist and professor at Northwestern University. All the talk of prosecution and defense what-ifs has an effect on constituents, who in turn talk to their political representatives, who can put pressure on other public officials. And all the talk...
...exist with Bountiful by ordering the arrest of settlement spiritual leaders Blackmore, 52, and James Oler, 44, under charges of polygamy. According to press accounts, Blackmore is alleged to have as many as 26 wives and 108 children. (According to tradition, the first wife is listed as a legal marriage, and the others are "celestial wives" recognized only within their faith.) The upcoming trial will test polygamy laws in the face of the Canadian Charter of Rights and its broad protection of the exercise of religion. But more than anything else, the trial will test the mettle of a community...
...polygamy because it is the most winnable strategy. Analysts contend that in the absence of plaintiffs or cooperative witnesses, charges of sexual abuse are unlikely to stick. But Eckersley is no more hopeful at the prospect of a successful polygamy prosecution, saying, "There is a strong sense in the legal community this law won't stand up in court." The case is likely to languish in the legal system for years, allowing Bountiful and its way of life to live on. For Bountiful's defenders, this reality is a blessing from an approving God. But for critics who see this...