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BANKRUPTCY (access required)

Published: May 13, 2013

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Proof of malicious intent is not required to prevent the bankruptcy discharge of a debt that arose from a trustee’s self-dealing.

See “Court clarifies bankruptcy discharge standard for fiduciaries

U.S. Supreme Court. Bullock v. BankChampaign, No. 11-1518. May
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Court clarifies bankruptcy discharge standard (access required)

Published: May 13, 2013

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The U.S. Supreme Court has clarified that proof of malicious intent is not required to prevent the bankruptcy discharge of a debt that arose from a trustee’s self-dealing.

Court considers if breach of duty judgment can be discharged (access required)

By: Kimberly Atkins
Published: March 18, 2013

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WASHINGTON – A quarrel between family members may sometimes lead to someone saying: “I didn’t mean to hurt you.” Justices of the U.S. Supreme Court are considering whether that sentiment is enough to get a breach of fiduciary duty judgment discharged in bankruptcy.

Suit alleges D.C. firm failed to protect inventor’s secrets (access required)

Published: January 18, 2013

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A recently filed malpractice suit seeks to hold the D.C. law firm of McDermott, Will & Emery liable for the alleged theft of a California inventor’s confidential information.

O’Quinn firm faces suit over expenses (access required)

Published: January 7, 2013

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According to a lawsuit filed by former clients, the Texas-based O’Quinn law firm mishandled their silicosis litigation settlement funds.

Trust beneficiaries have standing to sue trustee (access required)

Published: December 26, 2012

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The beneficiaries of a revocable trust had standing to sue the trustee for breach of fiduciary duty allegedly committed while the settlor was alive, the California Supreme Court has ruled in reversing judgment.

Clients’ medical providers can’t sue attorney (access required)

Published: June 27, 2012

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Medical providers could not sue an attorney for failing to pay them from the proceeds of personal injury settlements held in his lawyer trust account, the Colorado Supreme Court has ruled in affirming judgment.

Jordanian royal family member wins $28.8 million (access required)

By: Correy Stephenson
Published: August 4, 2011

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In a case that could have been pulled from the pages of a detective novel, a Florida jury has awarded $28.8 million to the brother-in-law of the King of Jordan over an oil contract with an American businessman.

Jury awards $1.3 million to CPAs who sued former firm (access required)

By: Tony Ogden
Published: March 16, 2011

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A jury has awarded $1.3 million to two CPAs who sued their former accounting firm, MaloneBailey.

ERISA plaintiff can’t show detrimental reliance (access required)

By: Pat Murphy
Published: November 4, 2010

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An ERISA plaintiff couldn’t sue for breach of fiduciary duty based on a claim that his wife retired in reliance on material misrepresentations about the amount of his pension benefits, the 3rd Circuit has ruled in affirming judgment.

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