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Final judgment was recently entered -- requiring the company to pay an million dividend, back-pay to the minority shareholder, reimbursement to the corporation as well as attorneys fees on the contract claims and the derivative claims brought against the majority shareholder.Counsel to the Official Committee of Unsecured Creditors of the Millennium Multiple Employer Welfare Benefit Plan, a purported section 419A(f)(6) plan with approximately 2 million in assets that the IRS has declared to be an abusive tax shelter. Y.), Diamond Mc Carthy lawyers brought: (1) a securities fraud class action on behalf of institutional and individual noteholders of the notes of Livent, Inc.; and (2) a parallel and reinforcing equitable subordination action against Livent's lead lender, on behalf of the Creditors Committee.Upon securing the reversal, plaintiffs' counsel agreed to dismiss the case with prejudice.Energy & Environmental Issues Currently lead counsel in a lawsuit (D.Served as lead counsel in a lawsuit alleging that a major international oil company made illegal payments to certain Asian governmental officials in order to preclude a rival from securing lucrative oil and gas contracts in that nation's offshore areas. in the United States District Court for the Eastern District of Texas.The case has involved proceedings in the Texas and D. federal district courts, the Fifth Circuit and the United States Supreme Court. The case was originally filed by private relators on behalf of the United States under the qui tam provisions of the False Claims Act.

P., the Zale Jewelers post-confirmation litigation entity, those causes of action held by one of the world's largest jewelry companies and its creditors.

Currently lead trial counsel for the post-confirmation Syntax/Brillian Corporation Liquidating Trust arising out of this former publicly traded HDTV television manufacturer's losses in the hundreds of millions of dollars.

Currently lead trial counsel for the Creditors Committee in the Appalachian Fuels LLC and related company bankruptcies in the Eastern District of Kentucky in connection with the investigation and pursuit of claims arising from this coal mining company's losses of more than one hundred million dollars.

Nev.) against multinational mining companies alleged to have caused severe injuries to the environment and economy of the Philippine island province of Marinduque, and to its people.

Representation of a large multinational oil and gas pipeline company in a dispute involving the threat of disconnection of gas pipelines in the Gulf of Mexico against another pipeline company and some of the largest oil and gas producers in the world.

This is the most successful chapter 7 estate in terms of recoveries and payouts in U. Represented the Chapter 7 Trustee for Precept Business Services, Inc. In that litigation, the team prosecuted not only the usual estate and generalized creditor claims, but also pressed secured lender claims that had been assigned to the estate. In that role, the firm was charged with investigating and, where appropriate, prosecuting litigation against the officers, directors and professionals who once served the Friede Goldman companies.

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Aug 10, 2006. In the complaint, the Litigation Trust also has attempted to state a claim against the former subsidiary directors for "deepening insolvency. used fraudulent financial statements to raise capital in the debtor's name, thereby deepening debtor's insolvency and causing bankruptcy; OHC Liquidation Trust v. 
12-Oct-2018 13:57
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Rel liquidating trust

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