Argentina and various banks must reveal information about the nation's assets to U.S. bondholders who are owed about $1.5 billion, a federal appeals court said Tuesday, though the panel cautioned a judge that a sovereign state is entitled to grace and civility and some records may be off limits.
The ruling by a three-judge panel of the 2nd U.S. Circuit Court of Appeals gives a green light to lawyers for bondholders who refused to trade their holdings for bonds worth less than half as much after Argentina in 2001 defaulted on $100 billion of debt.
U.S. District Judge Thomas P. Griesa had allowed the lawyers to pursue records from Argentina and related entities, including banks.
The appeals court said his discretion over what must ultimately be turned over is delicate, especially when it affects Argentina's diplomatic and military affairs.
It said it might not be possible for Griesa to review documents regarding diplomatic or military issues on his own to determine if they are relevant. The appeals panel said he should be "effective and respectful" as he handles the sensitive aspects of the document review.
The ruling came after U.S. hedge funds that hold Argentina bonds won judgments requiring that they be paid. The hedge funds claim Argentina defaulted on $1.5 billion they are owed after moving assets far and wide to hide them from creditors.
Argentina said in court papers it is being harassed by the hedge funds.
It said the requests for information concern property and finances of the republic's military and diplomatic core, over 100 separate entities and top republic officials including its current and former presidents.
Monday, December 29, 2014
Court revives Coast Guard suit against Bollinger Shipyards
A federal appeals court has revived a federal lawsuit accusing Bollinger Shipyards of lying about the strength of eight patrol boats it lengthened for the Coast Guard.
The 5th U.S. Circuit Court of Appeals ruled Tuesday that a district judge was wrong to dismiss the suit against the Lockport shipyard, a subcontractor on a project to lengthen eight patrol boats from 110 to 123 feet.
Lawyers for Bollinger did not immediately respond to a request for comment Wednesday from The Associated Press.The government wants Bollinger to repay $78 million, NOLA.com 'The Times-Picayune reports.
Four of the boats were delivered in 2004. The hull of the first, the Matagorda, began to buckle at sea in September 2004. The Coast Guard accepted the other four after modifications to boost their hull strength, but it wasn't enough, according to the ruling.
The Coast Guard revoked its acceptance of all eight in 2007; the Justice Department sued in 2011.
The 5th U.S. Circuit Court of Appeals ruled Tuesday that a district judge was wrong to dismiss the suit against the Lockport shipyard, a subcontractor on a project to lengthen eight patrol boats from 110 to 123 feet.
Lawyers for Bollinger did not immediately respond to a request for comment Wednesday from The Associated Press.The government wants Bollinger to repay $78 million, NOLA.com 'The Times-Picayune reports.
Four of the boats were delivered in 2004. The hull of the first, the Matagorda, began to buckle at sea in September 2004. The Coast Guard accepted the other four after modifications to boost their hull strength, but it wasn't enough, according to the ruling.
The Coast Guard revoked its acceptance of all eight in 2007; the Justice Department sued in 2011.
Thursday, December 11, 2014
Aggressive Securities Arbitration Services
Conway & Conway law firm, located in New York, are impassioned about representing public customers and industry professionals all over the world with a team of devoted futures, securities, and commodities arbitration attorneys. Constantly keeping abreast of developing and current regulatory reforms, U.S. securities laws, and other topics of interest to professionals and investors, our firm is responsive and agile. We are large enough to handle many cases and simultaneously provide personalized service to each client for their futures, securities, or commodities case.
Founded in 1988, Conway & Conway has been a successful New York City securities arbitration law firm, yielding fantastic results in securities arbitration cases from their 565 Fifth Avenue headquarters.
At Conway & Conway, the firm's attorneys have the know-how to deal with litigation and business counseling. At all points of negotiation and acquisition, along with wrongful termination and other corporate matters, we have advocated on behalf of our corporate clients. In addition to corporate clients, the firm works with commercial clients in all types of commercial and business litigation as well.
In the financial services industry, Conway & Conway gives exceptional legal counsel to the public. Whether its investors in dispute or issues with registered representatives and other associates, they have the high-caliber legal counsel to help. Fraud lawyers at the firm are well-versed in all things concerning the laws that apply to the securities and futures industries.
The commodity merchant attorneys at Conway & Conway provide litigation and arbitration services for international commodity merchants related to trade disputes. Their extensive trial experience, combined with a unique familiarity with the commodities industry foreign exchange and futures markets, enables Conway & Conway dedicated commodity arbitration attorneys to resolve serious commodity trade disputes in a timely and cost-effective manner.
For international commodity merchants, the commodity merchant attorneys at Conway & Conway administer arbitration and litigation services pertinent to trade disputes.
Founded in 1988, Conway & Conway has been a successful New York City securities arbitration law firm, yielding fantastic results in securities arbitration cases from their 565 Fifth Avenue headquarters.
At Conway & Conway, the firm's attorneys have the know-how to deal with litigation and business counseling. At all points of negotiation and acquisition, along with wrongful termination and other corporate matters, we have advocated on behalf of our corporate clients. In addition to corporate clients, the firm works with commercial clients in all types of commercial and business litigation as well.
In the financial services industry, Conway & Conway gives exceptional legal counsel to the public. Whether its investors in dispute or issues with registered representatives and other associates, they have the high-caliber legal counsel to help. Fraud lawyers at the firm are well-versed in all things concerning the laws that apply to the securities and futures industries.
The commodity merchant attorneys at Conway & Conway provide litigation and arbitration services for international commodity merchants related to trade disputes. Their extensive trial experience, combined with a unique familiarity with the commodities industry foreign exchange and futures markets, enables Conway & Conway dedicated commodity arbitration attorneys to resolve serious commodity trade disputes in a timely and cost-effective manner.
For international commodity merchants, the commodity merchant attorneys at Conway & Conway administer arbitration and litigation services pertinent to trade disputes.
Tuesday, December 9, 2014
Massachusetts Real Estate Attorney
For more than 30 years, Attorney Alan H. Segal has been lending legal expertise to the Greater Boston Massachusetts area from his Needham, Massachusetts Law Office. With great attentiveness, Alan and his associates have given legal consultation in business law, estate planning, and Massachusetts real estate law.
You can find Alan on the radio, cable, and local television sharing his ideas about current legal news. Navigating your way through the legal system can be a confusing and difficult task. He and his staff know that and want to be there for you as "YOUR LAWYER".
To visit the Law Office of Alan H. Segal, head to the intersection of Highland Ave and Route 128/95 on the Newton / Needham border, next to Staples.
Attorney Alan H. Segal has been known as a renowned Massachusetts real estate attorney for over 30 years. Sellers, buyers, and lenders of Massachusetts real estate property are all represented by his practice.
It is prudent to seek the guidance of a real estate agent like Alan to help with all real estate home buying in Massachusetts, as all such transactions have legal issues and tax consequences.
If you need an experienced Massachusetts real estate attorney contact us today for a free and confidential consultation!
You can find Alan on the radio, cable, and local television sharing his ideas about current legal news. Navigating your way through the legal system can be a confusing and difficult task. He and his staff know that and want to be there for you as "YOUR LAWYER".
To visit the Law Office of Alan H. Segal, head to the intersection of Highland Ave and Route 128/95 on the Newton / Needham border, next to Staples.
Attorney Alan H. Segal has been known as a renowned Massachusetts real estate attorney for over 30 years. Sellers, buyers, and lenders of Massachusetts real estate property are all represented by his practice.
It is prudent to seek the guidance of a real estate agent like Alan to help with all real estate home buying in Massachusetts, as all such transactions have legal issues and tax consequences.
If you need an experienced Massachusetts real estate attorney contact us today for a free and confidential consultation!
Wednesday, September 3, 2014
Court: US can withhold Guantanamo detainee images
The U.S. government can withhold photographs and videotapes of a Guantanamo Bay detainee identified as the would-be 20th hijacker in the Sept. 11 terror attacks, a federal appeals court ruled Tuesday.
The 2nd U.S. Circuit Court of Appeals in Manhattan agreed with the government that images of Mohammed al-Qahtani, if made public, "could logically and plausibly be used by anti-American extremists as propaganda to recruit members and incite violence against American interests at home and abroad."
Authorities have said al-Qahtani narrowly missed being one of the hijackers when he was denied entry into the U.S. at an Orlando, Florida, airport a month before the attacks. He was captured by Pakistani forces in December 2001 and taken to Guantanamo, where he remains.
The Center for Constitutional Rights sued the departments of Defense and Justice and the CIA in 2012, saying the release of videotapes and photographs of his interrogation and confinement would serve the public interest. The group has accused FBI and military personnel of subjecting al-Qahtani to isolation and aggressive interrogation techniques in 2002, including the use of a snarling dog, stripping him naked in the presence of a woman and repeatedly pouring water on his head.
"The Drummond & Nelson Difference" – Aggressive Representation
Getting the right representation begins with getting the right attorney. An attorney should not be selected solely based on a billboard, slogan, or advertised alleged fee reductions. If you have been injured or charged with a crime, you need an experienced attorney who will aggressively advocate for you to get the best possible outcome in your case.
Our attorneys have extensive trial and negotiation experience in all areas of criminal defense in Clark County Justice Courts, District Courts, Las Vegas Municipal Courts, Henderson Municipal Courts, North Las Vegas Municipal Courts and Nevada Federal Court. Our attorneys are licensed to practice law in all State and Federal Courts in Nevada.
When investigating which attorney to hire, remember that there is no charge for your initial
consultation with our office to discuss your case. We work on a contingency fee basis on injury cases, meaning you don't pay us any up-front fees since we would be paid out of the amount of your recovery. If you live in Las Vegas or were a tourist or visitor when your injury or alleged criminal conduct occurred, contact us for a free initial consultation to discuss your rights and the best approach to resolving your case successfully. Hire Drummond & Nelson and you'll meet one-on-one with an attorney who will be personally involved in every aspect of your case.
Our attorneys have extensive trial and negotiation experience in all areas of criminal defense in Clark County Justice Courts, District Courts, Las Vegas Municipal Courts, Henderson Municipal Courts, North Las Vegas Municipal Courts and Nevada Federal Court. Our attorneys are licensed to practice law in all State and Federal Courts in Nevada.
When investigating which attorney to hire, remember that there is no charge for your initial
consultation with our office to discuss your case. We work on a contingency fee basis on injury cases, meaning you don't pay us any up-front fees since we would be paid out of the amount of your recovery. If you live in Las Vegas or were a tourist or visitor when your injury or alleged criminal conduct occurred, contact us for a free initial consultation to discuss your rights and the best approach to resolving your case successfully. Hire Drummond & Nelson and you'll meet one-on-one with an attorney who will be personally involved in every aspect of your case.
Tuesday, August 19, 2014
Ala court upholds generic drug decision
The Alabama Supreme Court is standing by a decision that business sees as a defeat.
The court on Friday issued an opinion that mostly parallels its ruling last year in a generic drug case.
A divided court says the original decision isn't as broad as some are claiming. But a majority stuck by a 2013 decision saying a brand-name drugmaker can be held responsible by someone who took a generic medication made by a different company.
The Business Council of Alabama says it's disappointed. So is Wyeth, the drug manufacturer sued by Danny and Vicki Weeks over the man's use of a generic form of the brand-name medicine Reglan.
The Weeks filed suit in federal court, and a judge asked the Supreme Court to clarify state law.
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