Financial problems grow after aggressive expansion By Brent SnavelyCrainsdetroit.comMarch 27, 2000 The financial picture worsened at Lason Inc. last week after the company announced a $50 million net loss for its fourth quarter.The $2.78-per-share loss stemmed from the company’s decision to discontinue unprofitable portions of its business, and a variety of one-time charges related to acquisitions. The Troy-based data...
Continue ReadingDEVELOPER RETOOLS W. BLOOMFIELD PLAN AFTER COURT DENIAL By LESLIE GREEN HOGUE CRAIN’S DETROIT BUSINESS Crainsdetroit.com September 06, 1999 A Bloomfield Hills developer is hatching a new plan for a controversial site in West Bloomfield Township. Thomas Vestevich – with the help of Terry Stamper, a development consultant at T.L. Stamper and Associates L.L.C. in Birmingham – is considering...
Continue ReadingBy: Mike Martindale and Gordon TrowbridgeThe Detroit News June 11, 1999; Section: Front; Edition: Final; Page: 1A AUBURN HILLS — Water service is back for hundreds of Oakland County homes and businesses today, but orders to boil water will remain into the weekend. Sorting out who’s to blame for the crisis could take longer still. While workers in a...
Continue ReadingLAWYER SUES FIRM THAT DID DRILLING NO WATER INFORMATION WAS PROVIDED, HE SAYS Detroit Free Press (MI) By MATT HELMS and ERIN LEE MARTIN FREE PRESS STAFF WRITERS Date: June 11, 1999; Page: 3B Edition: OAKLAND EDITION; Section: NWS Call him the angriest of residents. David Shea of Rochester Hills filed the first lawsuit against MCI WorldCom Inc. and...
Continue Reading$925,000 settlement in Breach of Insurance Contract case BREACH OF CONTRACT INSURANCE Injuries alleged: Refusal to pay property damages and business interruption Name of case: DSC, Ltd v. American Manufacturer’s Mutual Ins. Co. Court/case no.: U.S. District Court, Eastern District of Michigan, Southern Division, #98-72283 Name of judge: Patrick Duggan Jury demand: Yes Amount of settlement: $925,000 Date: Jan....
Continue Reading$377,000 settlement in Professional Negligence case PROFESSIONAL NEGLIGENCE ASSAULT Injuries alleged: Rape and assault Name of case: Doe v. Patel Court/case no.: Monroe County Circuit Court, #94-2915 NO Name of judge: Michael W. Labeau Damages awarded: $377,627.93 (judgment); $33,075.04 (interest) Date: May 7, 1998 Attorneys for the plaintiff: E. Powell Miller and Gerard Mantese Attorney for the defendant: Withheld...
Continue ReadingDownload PDF 906 F.Supp. 1145 906 F.Supp. 1145, Fed. Sec. L. Rep. P 99,089 (Cite as: 906 F.Supp. 1145) United States District Court,E.D. Michigan.Southern Division. Gino PITTIGLIO, Stuart D. Wish, Milton E. Freeman, Rhoda Lee Mackenzie, Michelle A. Kilgore, and Michael Vickrey, on behalf of themselves and all others similarly situated, Plaintiffs, v. MICHIGAN NATIONAL CORPORATION, Robert J. Mylod,...
Continue Reading174 F.R.D. 572174 F.R.D. 572 Cite as: 174 F.R.D. 572) Motions, Pleadings and Filings United States District Court, D. New Jersey. FARMERS & MERCHANTS NATIONAL BANK, a National Banking Institution Organized Under the Laws of the United States of America, Plaintiff, v. SAN CLEMENTE FINANCIAL GROUP SECURITIES, INC., Defendant. Civil Action No. 95-4411(JBS). June 25, 1997. Bank sued broker-dealer...
Continue ReadingMichigan Bar Journal March, 1997 OBTAINING THE UPPER HAND WITH MOTIONS IN LIMINE Robert C. Zack and Marc L. Newman [FNa1]Copyright © 1997 by the State Bar of Michigan; Robert C. Zack and Marc L. Newman Motions in limine are commonly used in trial preparation in order to narrow the issues for trial and further guide testimony and presentation...
Continue Reading$1.4 million settlement in Breach of Contract case Breach of Contract and Economic Injury Type of Action: Breach of contract. Type of Injuries: Nonpayment of bonuses from 1990 through the end of the term of the contracts, 1996. Name of Case: O’Desky, et al. v. Michigan Health Care Corporation, et al. Court/Case No.: Wayne County Circuit Court, Nos. 93-321064-CK,...
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