Word: recoverers
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Palandjian and Stanley were able to recover; Scott was not. Palandjian rallied for a 1-6, 6-3, 6-4 win. Stanley swept through his next two sets, notching a 1-6, 6-2, 6-0 triumph.
But plenty of companies have collapsed, leading to a very human desire on the part of investors to recover their money in any way possible. Says Harris Amhowitz, general counsel at Coopers & Lybrand: "When a company fails, accountants are usually the only solvent party left standing."
The set-aside flap is only one aspect of Pendleton's career in San Diego that is coming under increasing scrutiny. Pendleton left the San Diego Urban League, which he headed from 1975 to 1982, with a deficit of $179,000, and the league sued him to recover part of...
For the squads of Philippine lawyers preparing cases on three continents, stripping away the financial camouflage that disguises the Marcos empire is just one part of what international law scholars agree will be an extraordinarily complicated legal battle. Marcos' attorneys have counted 15 lawsuits in the U.S., most of them...
Whatever the outcome, the Marcos legal miasma may become the lead case in an emerging area of jurisprudence that might be called deposed-dictator law. Many of the same problems arose in the effort by Iran to regain the wealth of the exiled Shah, but the hostage seizure abruptly ended...